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ItalianoBond China Development Bank 0% ( XS1917947373 ) in USD
| Issuer | China Development Bank | ||||||
| Market price | 100.00 % ⇌ | ||||||
| Country |  China
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| ISIN code |
 XS1917947373 ( in USD )
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| Interest rate | 0% | ||||||
| Maturity | 13/12/2021 - Bond has expired | ||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 200 000 USD | ||||||
| Total amount | 1 000 000 000 USD | ||||||
| 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 bond, bearing the ISIN XS1917947373, issued by the China Development Bank, a prominent state-owned development financial institution based in China, has reached its maturity on December 13, 2021, and has been fully repaid, concluding its lifecycle at a market price of 100% of its USD-denominated face value, reflecting its nature as a zero-coupon instrument with a 0% interest rate within a total issue size of USD 1,000,000,000, which initially stipulated a minimum purchase size of USD 200,000 and, for standard coupon-bearing instruments, would have featured a payment frequency of twice per year. |
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