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ItalianoBond China Development Bank 1.5% ( XS2146089102 ) in HKD
| Issuer | China Development Bank | ||||||||
| Market price | 100.00 % ⇌ | ||||||||
| Country |  China
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| ISIN code |
 XS2146089102 ( in HKD )
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| Interest rate | 1.5% per year ( payment 1 time a year) | ||||||||
| Maturity | 26/03/2021 - Bond has expired | ||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 500 000 HKD | ||||||||
| Total amount | 1 000 000 000 HKD | ||||||||
| 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. China Development Bank, a prominent state-owned policy bank based in China, has successfully settled its XS2146089102 bond issuance, which reached maturity and was fully repaid on March 26, 2021. This specific bond, identified by ISIN XS2146089102, was part of a larger offering totaling HKD 1,000,000,000. Denominated in Hong Kong Dollars (HKD), it offered investors an annual interest rate of 1.5%, with a payment frequency of once per year. As one of China's three policy banks, China Development Bank plays a crucial role in funding national economic development strategies, including major infrastructure projects, basic industries, and emerging strategic industries both domestically and internationally, particularly through initiatives like the Belt and Road, making its issuances significant within the global fixed income landscape. Investors holding this bond, which had a minimum purchase size of HKD 500,000, saw their principal redeemed at 100% of its face value upon its maturity date of March 26, 2021, marking the successful conclusion of this particular debt instrument's lifecycle and underscoring the issuer's commitment to its financial obligations. |
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