Bond Suzhou New District Development Bonds 2.53% ( CND1000722P8 ) in CNY

Issuer	Suzhou New District Development Bonds
Market price	100 % ▲
Country	China
ISIN code	CND1000722P8 ( in CNY )
Interest rate	2.53% per year ( payment 1 time a year)
Maturity	22/12/2023 - Bond has expired
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Minimal amount	/
Total amount	200 000 000 CNY
Detailed description	Suzhou New District Economic Development Group (SND Group) bonds are debt securities issued by the SND Group, a Chinese state-owned enterprise, typically used to finance infrastructure and development projects within the Suzhou New District. Issued by the Suzhou New District Economic Development Group (SND Group), a key Chinese state-owned enterprise or local government financing vehicle instrumental in the development and infrastructure of the Suzhou New District, the CND1000722P8 bond, denominated in CNY and carrying an annual interest rate of 2.53%, represented a total issuance size of CNY 200,000,000; this obligation, issued in China, reached its maturity on December 22, 2023, and was subsequently repaid at its par value of 100%.