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| Issue Type | XXXX |
|---|---|
| Country | China |
| Industry | XXXX |
| Region | XXXX |
| Maturity Date | 2028-05-18 |
| Par Value | 1000 |
| Callable | XXXX |
| Next Call Date | XXXX |
| Call Type | XXXX |
| Call Price (%) | XXXX |
| Series | XXXX |
| Class | XXXX |
| Maturity Structure | XXXX |
| Amount Outstanding (mil) | 200.00 |
| Coupon | 6.523032 |
|---|---|
| Coupon Type | XXXX |
| Coupon Frequency | XXXX |
| First Coupon Date | XXXX |
| Last Coupon Date | XXXX |
| Sinking Fund | XXXX |
|---|---|
| Security | XXXX |
| Subordination | XXXX |
| Debt Type | XXXX |
| Issue Date | XXXX |
|---|---|
| Dated Date | XXXX |
| Issue Size (mil) | 200 |
| Min. Piece | XXXX |
| Min. Increment | XXXX |
This New Development Bank corporate medium term notes has a 6.52% floating rate rate coupon paid on a quarterly basis. It was issued on May 18, 2023 with an issue size of 200.00 million USD and matures on May 18, 2028 with a last coupon date of February 18, 2028. |
The New Development Bank (NDB) was founded in 2014 and is headquartered in Shanghai, China, established by the BRICS nations to support public and private projects in emerging economies. The bank's primary purpose is to facilitate sustainable development, offering financial products such as loans, equity investments, and guarantees to boost infrastructure and sustainable development projects across member countries.