Bond Shaoxing Bond Bank 0% ( CND10003WHY2 ) in CNY

Issuer	Shaoxing Bond Bank
Market price	100 % ⇌
Country	China
ISIN code	CND10003WHY2 ( in CNY )
Interest rate	0%
Maturity	04/08/2021 - 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	100 000 000 CNY
Detailed description	Shaoxing Bank issues bonds to raise capital, typically offering various maturities and interest rates, subject to market conditions and regulatory approvals. This financial article details the specifics of a bond identified by ISIN CND10003WHY2, a debt instrument issued by Bank of Shaoxing Bonds, a financial institution based in China, which has reached the end of its lifecycle. The Bank of Shaoxing, a key player within the Chinese financial landscape renowned for its regional banking services, originally issued this bond with a total size of CNY 100,000,000. Denominated in Chinese Yuan, this particular bond featured a 0% interest rate and a payment frequency of 1, characteristic of instruments designed primarily for principal repayment at maturity rather than periodic interest distributions. With a stipulated maturity date of August 4, 2021, the bond has since fully matured and been successfully repaid, as reflected by its reported current market price of 100% at the point of redemption, confirming the issuer's complete fulfillment of its obligations.