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ItalianoBond AFRICAN DEVELOPMENT BANK 0% ( XS1483967284 ) in GHS
| Issuer | AFRICAN DEVELOPMENT BANK | ||||||||
| Market price | 55.23 % ⇌ | ||||||||
| Country |  Côte d'Ivoire
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| ISIN code |
 XS1483967284 ( in GHS )
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| Interest rate | 0% | ||||||||
| Maturity | 08/09/2020 - Bond has expired | ||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 10 000 GHS | ||||||||
| Total amount | 36 110 000 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. This financial report details the specifications and maturity status of a specific bond issued by the African Development Bank (AfDB), a prominent multilateral development finance institution dedicated to fostering sustainable economic development and social progress across its member countries in Africa. Headquartered in Abidjan, Côte d'Ivoire, the AfDB provides financial and technical assistance for development projects aiming to reduce poverty and improve living conditions on the continent. The bond, identified by ISIN Code XS1483967284, was issued in Côte d'Ivoire with a total issuance size of 36,110,000 Ghanaian Cedis (GHS) and a minimum purchase size of 10,000 GHS. Notably, this instrument was a zero-coupon bond, carrying an interest rate of 0%, meaning investors' returns were derived from a discount at issuance rather than periodic interest payments, with the single payment frequency referring to the principal repayment. Its maturity date was September 8, 2020, and it has since reached full maturity and been fully repaid at 100% of its nominal value. |
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