
Black Sea Trade and Development Bank (BSTDB), established in 1997 and headquartered in Thessaloniki, Greece, serves as a multilateral development bank aimed at fostering economic development and regional cooperation among its member states. The bank focuses on financing private and public sector projects across various sectors, including transport, energy, and social infrastructure, contributing to sustainable growth in the Black Sea region.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
BSTDBK 0.35% 2027-03-15 CHFBlack Sea Trade and Development Bank | Greece | 2027-03-15 | 0.350 | 2.78 |
BSTDBK 1.25% 2030-10-05 EURBlack Sea Trade and Development Bank | Greece | 2030-10-05 | 1.250 | 4.61 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, BSTDB has actively issued bonds to finance its projects, beginning with its first bond issue in 1998. The bank’s bonds are primarily issued in Euros and US Dollars, featuring competitive yields that have often outperformed similar regional offerings. Notably, BSTDB issued a landmark €250 million bond in 2020 to support COVID-19 recovery efforts, showcasing its commitment to responding to regional crises. The current yield on its bonds remains attractive to retail investors, reflecting sound fiscal management and strong backing from its member countries.