• Presentation
• Bonds
• About
•  Français Italiano

Bond African Development Bank 0.875% ( XS1551677344 ) in GBP

Issuer	African Development Bank
Market price	100.92 %  ▲
Country	Côte d'Ivoire
ISIN code	XS1551677344 ( in GBP )
Interest rate	0.875% per year ( payment 1 time a year)
Maturity	20/12/2021 - Bond has expired
Prospectus brochure of the bond African Development Bank XS1551677344 in GBP 0.875%, expired
Minimal amount	1 000 GBP
Total amount	800 000 000 GBP
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. An update on the XS1551677344 bond confirms its successful maturity and redemption. Issued by the African Development Bank, a leading multilateral development finance institution dedicated to fostering sustainable economic development and social progress in its regional member countries, this bond, originating from Côte d'Ivoire, was denominated in GBP and carried a fixed interest rate of 0.875% with annual payment frequency. The total size of the issuance was £800,000,000, structured with a minimum purchase size of £1,000. Its scheduled maturity date was December 20, 2021, at which point the bond was trading at 100% of its par value, ensuring full principal repayment to investors. The African Development Bank, headquartered in Abidjan, Côte d'Ivoire, plays a pivotal role in poverty reduction and infrastructure development across Africa through the mobilization of resources for investment and the provision of policy advice and technical assistance. Its strong credit profile is supported by solid shareholder backing, prudent financial management, and a diversified loan portfolio, making its debt instruments highly regarded in global financial markets. The orderly redemption of the XS1551677344 bond underscores the issuer's robust financial standing and commitment to its obligations, concluding its lifecycle as a fully settled financial instrument.
Date Clean price 07/08/2024 100.00% 13/10/2022 100.00% 12/10/2022 100.00% 08/10/2022 100.00% 03/12/2021 100.03% 17/11/2021 99.55% 04/11/2021 100.08% 21/10/2021 100.09% 07/10/2021 100.16% 20/09/2021 100.19% 02/09/2021 100.20% 20/08/2021 100.23% 08/08/2021 100.26% 27/07/2021 100.27% 15/07/2021 100.28% 01/07/2021 100.32% 17/06/2021 99.84% 02/06/2021 100.37% 15/05/2021 100.43% 26/04/2021 100.49% 06/04/2021 100.55% 19/03/2021 100.55% 03/03/2021 100.61% 15/02/2021 100.66% 01/02/2021 100.00% 19/01/2021 100.78% 07/01/2021 100.31% 29/12/2020 100.29% 14/12/2020 100.78% 01/12/2020 100.78% 17/11/2020 100.31% 03/11/2020 100.82% 25/10/2020 100.85% 18/10/2020 100.83% 10/10/2020 100.82% 02/10/2020 100.78% 24/09/2020 100.87% 16/09/2020 100.88% 08/09/2020 100.88% 31/08/2020 100.90% 23/08/2020 100.92% 16/08/2020 100.88% 09/08/2020 100.88% 02/08/2020 100.93% 25/07/2020 100.94% 18/07/2020 100.94% 11/07/2020 100.98% 04/07/2020 100.96% 27/06/2020 100.93% 19/06/2020 100.92%