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ItalianoBond Taizhou Fengcheng River Construction Securities 3% ( CND100079F35 ) in CNY
| Issuer | Taizhou Fengcheng River Construction Securities |
| Market price | 100 % ▲ |
| Country |  China
|
| ISIN code |
 CND100079F35 ( in CNY )
|
| Interest rate | 3% per year ( payment 1 time a year) |
| Maturity | 26/08/2024 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | / |
| Total amount | 500 000 000 CNY |
| Detailed description |
Taizhou Fengcheng River Construction Bonds are municipal bonds issued to finance infrastructure projects related to the Fengcheng River in Taizhou, China. The financial market recently observed the successful redemption of the bond identified by ISIN CND100079F35, an instrument issued by Taizhou Fengcheng River Construction Bonds, an entity likely associated with urban development and infrastructure projects within China's Taizhou region, typical of local government financing vehicles (LGFVs). This specific obligation, denominated in Chinese Yuan (CNY), bore an annual interest rate of 3% and comprised a total issuance size of CNY 500,000,000. Upon reaching its maturity date of August 26, 2024, and following its annual interest payment schedule, the bond was fully redeemed at par, reflecting its 100% market price at the time of repayment. |