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ItalianoBond African Development Bank 20% ( XS1436964214 ) in GHS
| Issuer | African Development Bank | ||||||||||
| Market price | 100.00 % ⇌ | ||||||||||
| Country |  Côte d'Ivoire
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| ISIN code |
 XS1436964214 ( in GHS )
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| Interest rate | 20% per year ( payment 1 time a year) | ||||||||||
| Maturity | 01/07/2019 - Bond has expired | ||||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 10 000 GHS | ||||||||||
| Total amount | 27 300 000 GHS | ||||||||||
| Detailed description |
The African Development Bank (AfDB) is a multilateral development finance institution that provides loans and grants to African countries for projects aimed at economic and social development. The African Development Bank (AfDB), a leading multilateral development finance institution dedicated to promoting sustainable economic growth and social progress across its African member countries, successfully redeemed its bond with ISIN XS1436964214 on its maturity date of July 1, 2019, at its full par value of 100%. This specific debt instrument, issued from Côte d'Ivoire and denominated in Ghanaian Cedis (GHS), featured a 20% annual interest rate with annual payments, represented a total issuance size of GHS 27,300,000, and had a minimum purchase threshold of GHS 10,000 upon its final repayment. |
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