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ItalianoBond Tianjin Obligations 2.98% ( CND100009LH0 ) in CNY
| Issuer | Tianjin Obligations |
| Market price | 100 % ⇌ |
| Country |  China
|
| ISIN code |
 CND100009LH0 ( in CNY )
|
| Interest rate | 2.98% per year ( payment 1 time a year) |
| Maturity | 21/03/2023 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | / |
| Total amount | 2 326 000 000 CNY |
| Detailed description |
Tianjin Bonds are a type of municipal bond issued by the Tianjin government in China, typically denominated in Renminbi (RMB), and used to finance infrastructure and other municipal projects. An informative review of the fixed-income market highlights the recent maturity and full repayment of the debt instrument identified by ISIN CND100009LH0, issued by Tianjin Bonds, an entity associated with or representing the significant municipality of Tianjin in China, a key economic hub; this bond, denominated in Chinese Yuan (CNY) and carrying an annual interest rate of 2.98%, represented a total issuance size of CNY 2,326,000,000 and, upon reaching its maturity date of March 21, 2023, was successfully redeemed at 100% of its face value, signifying that all principal and final interest obligations were met, thereby providing a complete return to investors. |