Bond Zhenjiang City Development Bonds 3.5% ( CND10002RTL6 ) in CNY

Issuer	Zhenjiang City Development Bonds
Market price	100 % ⇌
Country	China
ISIN code	CND10002RTL6 ( in CNY )
Interest rate	3.5% per year ( payment 1 time a year)
Maturity	03/03/2021 - Bond has expired
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Minimal amount	/
Total amount	800 000 000 CNY
Detailed description	Zhenjiang Urban Construction Investment Group Bonds are debt securities issued by Zhenjiang Urban Construction Investment Group, a Chinese state-owned enterprise, to finance urban infrastructure projects in Zhenjiang, Jiangsu Province. An analysis of the CND10002RTL6 bond, a key fixed-income instrument issued by the Zhenjiang Urban Construction Investment Group, provides insights into the Chinese municipal finance sector. This specific bond, denominated in CNY and having an original total issuance size of 800,000,000 Chinese Yuan, offered an annual interest rate of 3.5% and was structured with an annual payment frequency. The issuer, Zhenjiang Urban Construction Investment Group, represents a significant entity likely involved in urban development and infrastructure projects within the Zhenjiang municipality, consistent with the profile of local government financing vehicles (LGFVs) in China. The bond, which reached its maturity on March 3, 2021, has since been successfully repaid, reflecting a par redemption at 100% of its nominal value upon expiration.