CDB provides $215 million loan for unspecified purpose in 2006

$215M USD

Funder	China Development Bank (CDB)
Recipient Organization	Government of Brazil
Country	Brazil
Start Date	Jan 01, 2006
End Date	Oct 23, 2027
Duration	7,965 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`105538`

Grant Description

CDB provides $215 million loan for unspecified purpose in 2006 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.

📋 Loan / Grant Terms

💰 Loan Amountincluded a 13

📅 Maturity13.1428 years

⏳ Grace Period3.5486 years

💹 Interest Rate6.3105%

📋 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)

📚 Sources & References

Brazil's PRC official sector borrowings and borrowings terms IDS Extraction October 2024
Borrowing terms of official sector loans from China to Brazil DRS January 2024 extraction Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.