Bond Islamic Bank of Development 0.23% ( XS1291113485 ) in EUR

Issuer Islamic Bank of Development
Market price 100 %  ⇌ 
Country  Saudi Arabia
ISIN code  XS1291113485 ( in EUR )
Interest rate 0.23% per year ( payment 1 time a year)
Maturity 15/09/2020 - Bond has expired



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Minimal amount 1 000 EUR
Total amount 100 000 000 EUR
Detailed description The Islamic Development Bank (IsDB) is a multilateral development finance institution that provides financial and technical assistance to its member countries to promote economic development and social progress in accordance with Islamic principles.

The EUR-denominated bond, identified by ISIN XS1291113485, issued by the Islamic Development Bank, a multilateral development financial institution committed to fostering economic development and social progress in its member countries and Muslim communities worldwide, has successfully matured and been redeemed as of September 15, 2020. Originating from Saudi Arabia, this obligation, which carried an annual interest rate of 0.23% and was priced at 100% at redemption, represented a total issuance size of EUR 100,000,000, with a minimum initial purchase size set at EUR 1,000.