Bond Handan CommCon Bonds 5.47% ( CND10001LXZ3 ) in CNY

Issuer	Handan CommCon Bonds
Market price	100 % ⇌
Country	China
ISIN code	CND10001LXZ3 ( in CNY )
Interest rate	5.47% per year ( payment 1 time a year)
Maturity	14/08/2020 - Bond has expired
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Minimal amount	/
Total amount	500 000 000 CNY
Detailed description	Handan Communications Construction Bonds are securities issued to finance infrastructure projects undertaken by Handan Communications, a Chinese company, guaranteeing repayment of the principal and interest to bondholders. The CND10001LXZ3 bond, issued by Handan Communications Construction Bonds, has reached its maturity and been fully redeemed, as confirmed on August 14, 2020. This particular debt instrument, denominated in Chinese Yuan (CNY), featured a 5.47% annual interest rate, with interest payments made once a year. The total issuance size for this obligation stood at CNY 500,000,000. Handan Communications Construction Bonds refers to debt securities typically issued by entities or local government financing vehicles (LGFVs) associated with the city of Handan, located in Hebei province, China. Such bonds are customarily utilized to finance essential infrastructure development, including communication networks and construction projects, which are crucial for the economic and social progress of the region. Upon its maturity, the bond was redeemed at 100% of its face value, successfully completing its lifecycle and repaying bondholders in full.