African Development Bank Zero 18 Nov 2052

    International organisation flagXXZARSenior
    XS2556255789 · Registered · matures 18 Nov 2052 (26.1y)
    Coupon
    0.000%
    Zero coupon
    Yield to maturity
    Distressed8.80%
    Price 11.08 · 20 Oct 2026The bond trades at 11.08% of its face value. The market expects losses, so the yield is not a return you can count on.
    Maturity
    18 Nov 2052
    26.1 years · bullet

    Key facts

    Identifiers

    ISINThe 12-character code that identifies this bond worldwide. Use it to find the bond at a broker or in other tools.
    XS2556255789
    Issuer LEILegal Entity Identifier. A global 20-character code for the issuing company, used in regulatory reports.
    549300LNCLMO3ITVCU07
    Issuer countryThe country where the issuer is registered, from GLEIF, the global register of legal entities. Some international organisations have no country.
    International organisationInternational organisation flag
    Supervised inThe country of the authority that supervises trading in this bond under MiFID II. The issuer can be based elsewhere: Italy supervises Israel's bonds.
    GermanyGermany flag
    Trading venuesWhere the bond can be traded, shown by Market Identifier Code (MIC). The first one is the main listing. Hover a code to see the venue name.
    STUBXLUXMUNBMUNDFRABFRAVSTUDBTFEMOTXSTUF

    Terms

    InterestFixed means the coupon stays the same until maturity. Floating means it follows a reference rate plus a spread.
    Zero coupon
    CouponThe yearly interest, in percent of the face value.
    0.000%
    Next couponA zero-coupon bond pays no interest along the way. You earn the gap between the price you pay and the amount repaid at maturity.
    None, zero coupon
    CurrencyThe currency of the coupons and the repayment.
    ZAR
    RedemptionHow the principal is repaid. Bullet means all of it is repaid in one payment at maturity. Callable means the issuer can repay early.
    Bullet, at maturity
    SeniorityWhere the bond ranks if the issuer fails. Senior bonds are paid before subordinated bonds.
    Senior
    Guarantee or rankWho backs the bond besides the issuer, such as a government, or where it ranks among the issuer's debts. From its CFI classification code.
    Supranational

    Size and settlement

    Amount issuedHow much the issuer sold when the bond was first issued.
    ZAR 3B
    Minimum amountThe smallest amount of this bond you can buy, in face value and in the bond's currency.
    ZAR 100,000
    FormBearer bonds belong to whoever holds them in a custody account. Registered bonds record the owner's name.
    Registered
    InstrumentThe kind of debt security, from its CFI classification code.
    Medium-term note
    First tradeThe first day the bond could trade on a European venue.
    21 Nov 2022

    Price and risk

    Last priceThe last traded or quoted price, in percent of the face value. 101.25 means you pay 1,012.50 for a bond of 1,000.
    11.08
    Price dateWhen the last price was seen.
    20 Oct 2026
    Yield to maturityThe yearly return if you buy at the last price and hold the bond to maturity.
    Distressed8.80%
    Modified durationHow much the price moves when yields move. 23.90 means the price falls about 23.90% if yields rise by 1 percentage point. Estimated with one coupon a year.
    23.90 years
    Yield at your priceThe calculator loads this bond. Change the price or the settlement date to see the yield, the accrued interest and every cash flow.
    YTM calculator
    Early repaymentCallable: the issuer can repay the bond before maturity, and tends to when rates fall. Puttable: you can ask the issuer to repay it early, on set dates.
    Not callable

    Issuer yield curve

    Yield of each traded African Development Bank bond in ZAR, by maturity

    Issuer debt by maturity year

    How much African Development Bank must repay each year, converted to US dollars. Each block is a bond; the top block of a year groups the bonds too small to show.

    Other bonds due in 2052Other years

    Other bonds by African Development Bank

    154 bonds from this issuer · 59 with a traded yield

    Open in screener
    ISINNameMaturityTime leftCouponYTMCcy
    XS1518737157African Development Bank Zero 16 Nov 204616 Nov 204620.1y0.000%—USD
    XS1520973014African Development Bank Zero 18 Nov 204618 Nov 204620.1y0.000%—USD
    XS1709292681African Development Bank 1.87% 30 Oct 204730 Oct 204721.0y1.870%—EUR
    XS2102154171African Development Bank Zero 17 Jan 205017 Jan 205023.2y0.000%Distressed8.76%ZAR
    XS2309349913African Development Bank 0.8835% 1 Feb 20511 Feb 205124.3y0.883%—EUR
    XS2387370526African Development Bank Zero 16 Sep 205116 Sep 205124.9y0.000%Distressed8.99%ZAR
    XS2556255789African Development Bank Zero 18 Nov 205218 Nov 205226.1y0.000%Distressed8.80%ZAR
    XS2582870700African Development Bank Zero 3 Feb 20533 Feb 205326.3y0.000%Distressed10.07%MXN
    XS2380230685African Development Bank 0.96% 1 Aug 20561 Aug 205629.8y0.960%—EUR
    XS1695323383African Development Bank Zero 10 Oct 205710 Oct 205731.0y0.000%—EUR
    XS1921994098African Development Bank 1.78% 20 Dec 205820 Dec 205832.2y1.780%—EUR
    XS2332595276African Development Bank Zero 1 Feb 20611 Feb 206134.3y0.000%—USD