Bond Heilongjiang Obligations 3.98% ( CND10003L531 ) in CNY

Issuer	Heilongjiang Obligations
Market price	100 % ⇌
Country	China
ISIN code	CND10003L531 ( in CNY )
Interest rate	3.98% per year ( payment 1 time a year)
Maturity	27/08/2050
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	/
Total amount	548 140 000 CNY
Next Coupon	27/08/2026 ( In 343 days )
Detailed description	Heilongjiang Bonds are debt securities issued by the Heilongjiang Provincial Government in China to finance infrastructure projects and other government initiatives. This financial article details a significant long-term debt instrument issued by Heilongjiang Bonds, representing a crucial component of China's provincial financing landscape. Identified by the ISIN CND10003L531, this bond is currently valued at 100% of its par value in the market, denominated in Chinese Yuan (CNY). Heilongjiang Bonds refers to financial instruments issued by or under the guarantee of the Heilongjiang Provincial Government, a prominent administrative division in Northeast China. The province is known for its vital contributions to the national economy, encompassing agriculture, heavy industry, and natural resources, and its bonds are instrumental in funding local infrastructure development and managing provincial debt, thus reflecting the region's economic stability and fiscal policy. The bond offers a fixed annual interest rate of 3.98%, providing a consistent income stream for investors. With a substantial total issuance size of CNY 548,140,000, it represents a considerable fundraising endeavor. Its extended maturity date of August 27, 2050, positions it as a long-duration fixed-income asset, appealing to investors seeking exposure to the Chinese sovereign and quasi-sovereign debt market with a considerable time horizon. The annual payment frequency (1) ensures predictable cash flow distribution for bondholders over its long tenure.