Bond Taizhou Xinbinjiang Development Bonds 7.6% ( CND100007BJ1 ) in CNY

Issuer	Taizhou Xinbinjiang Development Bonds
Market price	100 % ▲
Country	China
ISIN code	CND100007BJ1 ( in CNY )
Interest rate	7.6% per year ( payment 1 time a year)
Maturity	05/03/2021 - Bond has expired
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Minimal amount	/
Total amount	1 000 000 000 CNY
Detailed description	Taizhou City Xin Bin Jiang Development Bonds are municipal bonds issued to finance infrastructure and development projects within the Xin Bin Jiang area of Taizhou City, China. A fixed-income instrument identified by ISIN CND100007BJ1, issued by Taizhou City Xin Bin Jiang Development Bonds, successfully reached its maturity on March 5, 2021, and has been fully redeemed. Taizhou City Xin Bin Jiang Development Bonds operates as an entity associated with the municipal government of Taizhou City in China, typically responsible for raising capital to finance local urban and infrastructure development projects that contribute to the region's economic expansion and public services. This specific bond, denominated in Chinese Yuan (CNY), carried an attractive annual interest rate of 7.6% and represented a total issuance size of CNY 1,000,000,000. Upon its maturity, the bond was fully repaid at its par value, reflecting a 100% redemption, thus fulfilling all outstanding obligations to bondholders.