Bond Africa Development Bank 0% ( XS2368589441 ) in BRL

Issuer	Africa Development Bank
Market price	100 % ⇌
Country	Côte d'Ivoire
ISIN code	XS2368589441 ( in BRL )
Interest rate	0%
Maturity	29/08/2028
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Minimal amount	10 000 BRL
Total amount	72 000 000 BRL
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. Investors are currently observing a bond, identified by ISIN XS2368589441, issued by the African Development Bank, a prominent multilateral development finance institution committed to fostering sustainable economic development and social progress across its African member countries, which is presently trading at par (100% of its face value) in Brazilian Real (BRL); this zero-coupon instrument, originating from Cote d'Ivoire, represents a total issue size of 72,000,000 units with a minimum acquisition threshold of 10,000 units, and is set to mature on August 29, 2028, with its single payment frequency indicating a bullet repayment structure given the 0% interest rate.