Bond Suzhou New District Development Bonds 2.14% ( CND10007NNV6 ) in CNY

Issuer	Suzhou New District Development Bonds
Market price	100 % ⇌
Country	China
ISIN code	CND10007NNV6 ( in CNY )
Interest rate	2.14% per year ( payment 1 time a year)
Maturity	12/07/2024 - Bond has expired
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Minimal amount	/
Total amount	300 000 000 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. The bond identified by ISIN CND10007NNV6, issued by the Suzhou New District Economic Development Group (SND Group), has successfully reached its maturity. The Suzhou New District Economic Development Group is a significant state-owned enterprise in China, playing a pivotal role in the economic development and infrastructure build-out within the Suzhou New District. This particular obligation, denominated in Chinese Yuan (CNY), carried an annual interest rate of 2.14% and represented a total issuance size of CNY 300,000,000. Issued in China, the bond consistently traded at its par value, with a reported market price of 100%. Having matured on July 12, 2024, this bond has now been fully repaid, concluding its lifecycle within the fixed-income market.