Bond China Bank 3.98% ( CND10002GH34 ) in CNY

Issuer	China Bank
Market price	100 % ⇌
Country	China
ISIN code	CND10002GH34 ( in CNY )
Interest rate	3.98% per year ( payment 1 time a year)
Maturity	24/09/2029
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Minimal amount	100 CNY
Total amount	30 000 000 000 CNY
Next Coupon	24/09/2025 ( In 10 days )
Detailed description	Bank of China is a major Chinese state-owned commercial bank offering a wide range of financial services domestically and internationally. The financial market is currently observing details concerning a substantial bond, identified by ISIN CND10002GH34, issued by Bank of China, one of China's prominent 'Big Four' state-owned commercial banks recognized globally for its extensive financial operations and deep roots within the Chinese economy; this particular debt instrument, denominated in Chinese Yuan (CNY) and originating from China, offers a fixed annual interest rate of 3.98%, is trading at 100% of its face value in the current market, indicating a par valuation, and represents a total issuance volume of CNY 30,000,000,000, with investors able to subscribe from a minimum size of CNY 100, while featuring annual interest payments until its maturity on September 24, 2029.