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Bond Hongsheng Group Bonds 2.63% ( CND100053PG1 ) in CNY

Issuer	Hongsheng Group Bonds
Market price	100 %  ▲
Country	China
ISIN code	CND100053PG1 ( in CNY )
Interest rate	2.63% per year ( payment 1 time a year)
Maturity	23/09/2022 - Bond has expired
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Minimal amount	/
Total amount	1 000 000 000 CNY
Detailed description	Hongshi Group bonds are debt securities issued by Hongshi Group, a large Chinese cement producer, offering investors exposure to the Chinese infrastructure and construction sectors but carrying significant credit risk associated with the company's financial health and the broader Chinese economy. The CND100053PG1 bond, a CNY 1 billion fixed-income security issued by Hongshi Group, a major Chinese cement and building materials conglomerate, featured an annual interest rate of 2.63% and was successfully repaid upon its maturity on September 23, 2022, having previously traded at 100% of its par value.