Bond Changzhou Hi-Tech Industrial Development Zone Group Bonds 6.35% ( CND100015783 ) in CNY

Issuer Changzhou Hi-Tech Industrial Development Zone Group Bonds
Market price 100 %  ⇌ 
Country  China
ISIN code  CND100015783 ( in CNY )
Interest rate 6.35% per year ( payment 1 time a year)
Maturity 08/12/2020 - Bond has expired



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Minimal amount /
Total amount 1 000 000 000 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.

A notable fixed-income instrument, identified by ISIN CND100015783, issued by the Changzhou High-tech Industrial Development Zone Development (Group) Corporation Bonds, has recently concluded its lifecycle. The issuer, Changzhou High-tech Industrial Development Zone Development (Group) Corporation, is a significant entity operating within China, typically involved in financing and developing key infrastructure and industrial projects within the designated high-tech zones. Such entities often play a crucial role in regional economic development initiatives, frequently benefiting from, or being perceived as having, implicit governmental backing due to their public mandate and strategic importance within the People's Republic of China, the country of issuance for this debt. This particular bond, denominated in Chinese Yuan (CNY), carried a coupon rate of 6.35%. The total issuance size for this instrument was 1,000,000,000 CNY, representing a substantial capital raise. Interest payments were structured to occur annually, at a frequency of one payment per year. The bond reached its scheduled maturity date on December 8, 2020. At this point, the instrument was successfully redeemed, with its market price at maturity recorded at 100% of its face value, indicating that bondholders received full repayment of their principal as per the terms of the offering. The successful redemption signifies the issuer's complete and timely fulfillment of its financial obligations for this specific debt instrument.