Bond Tianjin Obligations 3.85% ( CND10001Q6X6 ) in CNY

Issuer	Tianjin Obligations
Market price	100 % ⇌
Country	China
ISIN code	CND10001Q6X6 ( in CNY )
Interest rate	3.85% per year ( payment 1 time a year)
Maturity	12/10/2023 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	/
Total amount	4 000 000 000 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. A fixed-income security, identified by ISIN CND10001Q6X6 and denominated in Chinese Yuan (CNY), has recently concluded its lifecycle, reaching its maturity date of October 12, 2023, and subsequently undergoing full repayment. This bond, issued from China, carried an annual interest rate of 3.85% and represented a total issuance size of CNY 4,000,000,000, with its market price at maturity confirmed at 100% of its par value. The issuer, referred to as "Tianjin Bonds," signifies debt instruments issued by the Municipality of Tianjin, a major port city and one of the four direct-controlled municipalities in China, playing a significant role as an economic hub in northern China, particularly in manufacturing, finance, and logistics. Bonds from such municipal entities are typically utilized to finance public infrastructure projects and support regional economic development, reflecting the financial health and strategic initiatives of the local government. The successful and timely repayment of this obligation underscores the issuer's adherence to its financial commitments and contributes to the stability of its debt management profile.