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ItalianoBond China Development Bank 3.375% ( XS1553212025 ) in USD
| Issuer | China Development Bank | ||||||||
| Market price |  100.00 % ▲ |
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| Country |  China
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| ISIN code |
 XS1553212025 ( in USD )
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| Interest rate | 3.375% per year ( payment 2 times a year) | ||||||||
| Maturity | 24/01/2027 | ||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 200 000 USD | ||||||||
| Total amount | 500 000 000 USD | ||||||||
| Next Coupon | 24/01/2027 ( In 109 days ) | ||||||||
| Detailed description |
China Development Bank (CDB) is a state-owned policy bank in China that provides financial support for national strategic projects and key infrastructure development. The fixed-income market is currently observing a notable obligation identified by ISIN XS1553212025, issued from China by the China Development Bank, a prominent state-owned policy bank integral to the nation's economic development through its financing of critical infrastructure and industrial projects, which offers investors a fixed coupon rate of 3.375% with semi-annual payments, is denominated in USD, holds a maturity date of January 24, 2027, has a total issuance size of 500,000,000 units, requires a minimum purchase size of 200,000 units, and is presently trading at par on the market at 100% of its face value. |
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