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.