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ItalianoBond African Development Bank 0% ( XS1565695779 ) in USD
| Issuer | African Development Bank | ||||||||
| Market price | 53.54 % ⇌ | ||||||||
| Country |  Côte d'Ivoire
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| ISIN code |
 XS1565695779 ( in USD )
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| Interest rate | 0% | ||||||||
| Maturity | 22/02/2022 - Bond has expired | ||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 200 000 USD | ||||||||
| Total amount | 16 810 000 USD | ||||||||
| 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 informative review of the bond market reveals the recent maturity and repayment of a significant bond issuance, ISIN XS1565695779, from the African Development Bank, a prominent multilateral development finance institution dedicated to fostering sustainable economic development and social progress across its member countries in Africa; this specific fixed-income instrument, issued out of Côte d'Ivoire, was denominated in USD, originally sized at $16,810,000 with a minimum purchase threshold of $200,000, and featured a 0% interest rate with a semi-annual payment frequency, having reached its maturity on February 22, 2022, and subsequently been repaid at its par value of 100%. |
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