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ItalianoBond China Development Bank 0% ( XS2215177507 ) in USD
| Issuer | China Development Bank | ||||||||
| Market price | 100.00 % ⇌ | ||||||||
| Country |  China
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| ISIN code |
 XS2215177507 ( in USD )
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| Interest rate | 0% | ||||||||
| Maturity | 11/08/2021 - Bond has expired | ||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 100 000 USD | ||||||||
| Total amount | 50 000 000 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 financial instrument, a bond identified by ISIN XS2215177507, was issued by the China Development Bank, a prominent state-owned financial institution of the People's Republic of China established in 1994. As one of China's three policy banks, China Development Bank plays a crucial role in financing large-scale infrastructure projects, fostering industrial development, and supporting other government-backed initiatives, contributing significantly to the nation's economic and social progress both domestically and internationally. Originating from China and denominated in U.S. Dollars (USD), this particular bond carried a zero-coupon interest rate, and while a payment frequency of 2 was reported, it should be noted that no periodic interest payments were made given its 0% coupon nature. The total issue size for this bond amounted to 50,000,000, with a minimum purchase amount set at 100,000. This bond reached its maturity date on August 11, 2021, at which point it was fully redeemed at par, reflecting its previous market valuation at 100%. |
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