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ItalianoBond China Development Bank 4% ( XS1553212371 ) in USD
| Issuer | China Development Bank | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Market price |  96.99 % ▼ |
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| Country |  China
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| ISIN code |
 XS1553212371 ( in USD )
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| Interest rate | 4% per year ( payment 2 times a year) | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Maturity | 01/23/2037 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimal amount | / | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Total amount | / | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Next Coupon | 01/24/2027 ( In 89 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. This obligation, identified by ISIN XS1553212371, is issued by the China Development Bank, a prominent state-owned policy bank under the direct leadership of the State Council of the People's Republic of China, playing a pivotal role in financing major infrastructure, basic industries, and strategic national development initiatives both domestically and internationally, originating from China, denominated in USD, currently trading at 94.48% of its par value on the market, offering an annual interest rate of 4% with semi-annual payment frequency, and is set to mature on January 23, 2037. |
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