Bond Changzhou Hi-Tech Industrial Development Zone Group Bonds 4.98% ( CND100012VH3 ) in CNY

Issuer	Changzhou Hi-Tech Industrial Development Zone Group Bonds
Market price	100 % ⇌
Country	China
ISIN code	CND100012VH3 ( in CNY )
Interest rate	4.98% per year ( payment 1 time a year)
Maturity	25/01/2021 - Bond has expired
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Minimal amount	/
Total amount	600 000 000 CNY
Detailed description	Changzhou High-tech Industrial Development Zone Development (Group) Corporation Bonds are debt securities issued by the corporation to raise capital for its development projects within the Changzhou High-tech Industrial Development Zone. This report details the successful maturity and repayment of a specific bond issuance, identified by ISIN CND100012VH3. The bond was issued by Changzhou High-tech Industrial Development Zone Development (Group) Corporation, a significant entity within China's local economic development landscape primarily responsible for the planning, construction, and operation of the Changzhou High-tech Industrial Development Zone; this organization plays a crucial role in fostering industrial growth and attracting investment within its designated region, typically managing infrastructure projects and industrial park development. Issued in China and denominated in Chinese Yuan (CNY), this particular bond carried an annual interest rate of 4.98% and represented a total issuance size of 600,000,000 CNY. With interest payments structured on an annual frequency, the bond reached its maturity date on January 25, 2021, and at the point of its maturity and subsequent repayment, the bond's market price was recorded at 100% of its face value, confirming that the principal amount was fully redeemed, thereby completing the issuer's obligation to bondholders.