Bond Ping An Global Finance Leasing Securities 2.75% ( CND100075BY7 ) in CNY
Issuer | Ping An Global Finance Leasing Securities |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
![]() |
Interest rate | 2.75% per year ( payment 1 time a year) |
Maturity | 28/02/2024 - 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 | 800 000 000 CNY |
Detailed description |
Ping An International Financial Leasing issues bonds to finance its leasing operations, offering investors exposure to the Chinese leasing market with varying maturities and credit ratings. This fixed-income instrument, identified by its ISIN CND100075BY7, has successfully reached its maturity date on February 28, 2024, and its principal has been fully redeemed at par by its issuer, Ping An International Financial Leasing, a prominent financial leasing entity based in China that operates as a key subsidiary of the vast Ping An Insurance (Group) Company of China Ltd., providing diverse financial leasing services across various sectors. Originally issued in China and denominated in Chinese Yuan (CNY), this bond carried an annual interest rate, or coupon, of 2.75% and represented a total issuance size of CNY 800,000,000. With interest payments disbursed annually, the bond was observed trading at 100% of its face value prior to its maturity, ensuring the full repayment of principal to investors along with the final interest payment upon its scheduled redemption. |