Bond Tianjin Obligations 3.41% ( CND100029180 ) in CNY
Issuer | Tianjin Obligations |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 3.41% per year ( payment 1 time a year) |
Maturity | 13/05/2024 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | / |
Total amount | 2 800 000 000 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. The financial instrument, ISIN CND100029180, was a bond issued by Tianjin Bonds, an entity representing or closely associated with the municipality of Tianjin, a significant direct-controlled municipality and a major economic hub and port city in Northern China, playing a crucial role in the nation's advanced manufacturing, financial services, and logistical infrastructure. This particular debt security, denominated in Chinese Yuan (CNY), had an initial total issue size of CNY 2,800,000,000 and offered an annual interest rate of 3.41% to its investors. Having reached its scheduled maturity date on May 13, 2024, the bond has been successfully redeemed at its par value, reflecting a final market price of 100% and the completion of its principal repayment obligations. |