Bond Ningbo Growth & Investment Group Bonds 4.08% ( CND1000175K0 ) in CNY
Issuer | Ningbo Growth & Investment Group Bonds |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 4.08% per year ( payment 1 time a year) |
Maturity | 02/12/2020 - Bond has expired |
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Minimal amount | / |
Total amount | 500 000 000 CNY |
Detailed description |
Ningbo Development & Investment Group Bonds are debt securities issued by Ningbo Development & Investment Group, a Chinese state-owned enterprise, offering investors fixed-income returns subject to credit risk associated with the issuer and prevailing market conditions. A bond identified by ISIN CND1000175K0, issued by Ningbo Development & Investment Group, has successfully matured and been fully repaid. Ningbo Development & Investment Group is a significant state-owned enterprise based in China, playing a pivotal role in the economic and urban development of the Ningbo region, primarily engaged in urban infrastructure construction, public utility services, and strategic industrial investments. This particular debt instrument, which was issued in Chinese Yuan (CNY) with a total size of 500,000,000 CNY, offered an annual interest rate of 4.08%. The bond reached its maturity date on December 2, 2020, and was subsequently redeemed at its par value of 100%, completing the issuer's financial obligation. |