The Eurasian Development Bank (EDB) said on March 26 it had fully redeemed a five-year Eurobond, meeting all obligations to investors at maturity.
The bank paid a total of €286mn, covering both the final coupon and the outstanding principal on the bond, which carried the ISIN code XS2315951041, it said in a press release emailed to bne IntelliNews.
The Eurobond was originally issued with a nominal value of €300mn under the bank’s Euro Medium Term Note (EMTN) programme and was listed on Euronext Dublin. The EDB had repurchased part of the issuance prior to maturity, reducing the final amount due at redemption.
The EDB, which focuses on promoting economic development across Eurasia, said its investment portfolio had reached 326 projects worth $19.6bn by the end of 2025. These projects span sectors including transport infrastructure, digital systems, green energy, agriculture and manufacturing.
The bank is currently implementing major regional initiatives under its 2022-2026 strategy, including projects aimed at improving transport connectivity, agricultural distribution networks and water and energy systems in Central Asia.
The EDB said it remains committed to sustainable development principles, aligning its activities with United Nations goals and environmental, social and governance standards.
Don’t just follow the news—understand it.
The IntelliNews PRO service includes access to reports, exclusive market data, and more news that decision-makers care about. Stay ahead of the market with IntelliNews PRO.
Sign Up NowRelated Articles
Construction work on $4.6bn Trans-Afghan Railway could reportedly be under way within six months
Construction work on the proposed Trans-Afghan Railway could be under way within six months, while the project could cost around $4.6bn to deliver and cut shipping transit times from Uzbekistan to ... more
Unusually intense heatwave hit Central Asia in March, may impact crop yields
Central Asia experienced an unusually intense heatwave in March that could have an impact on agricultural crop yields, according to an April 4 ... more
Russia’s expulsions of migrants reportedly nearly double in 2024 to around 80,000
Russia in 2024 expelled more than 80,000 migrants for immigration rule violations, compared to 44,200 in 2023 and 26,600 in 2022, TASS reported on January 8. The Russian state news agency cited a ... more