Overview

CDB provides $215 million loan for unspecified purpose in 2006

Commitments (Constant USD, 2023)$403,450,960

Commitment Year•2006Country of Activity•BrazilDirect Recipient Country of Incorporation•BrazilSector•Unallocated/unspecifiedFlow Type•Loan

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jan 1, 2006

First repayment (originally scheduled): Jul 19, 2009

Last repayment (originally scheduled): Feb 19, 2019

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Ultimate beneficial owners

At least 25% host country ownership

Funding agencies

State-owned Policy Banks

China Development Bank (CDB)

Receiving agencies

Government Agencies

Government of Brazil

Loan description

CDB provides $215 million loan for unspecified purpose in 2006

Grace period•3.5486 yearsGrant element•18.7751%Interest rate (t₀)•6.3105%Interest type•Fixed Interest RateMaturity•13.1428 years

Narrative

Full Description

Project narrative

In 2006, a Chinese state-owned lender (most likely China Development Bank) issued a $215,000,000 loan to a government or government-guaranteed borrowing institution in Brazil for an unspecified purpose. The borrowing terms of the loan included a 13.1428-year maturity, a 3.5486-year grace period, and a 6.3105% interest rate.

Staff comments

1. The face value and borrowing terms of the loan are drawn data voluntarily disclosed by the Government of Brazil to the World Bank through the Debtor Reporting System (DRS)