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ItalianoBond China Bank 1.829% ( XS1832452103 ) in USD
| Issuer | China Bank |
| Market price | 100 % ▼ |
| Country |  China
|
| ISIN code |
 XS1832452103 ( in USD )
|
| Interest rate | 1.829% per year ( payment 4 times a year) |
| Maturity | 07/06/2023 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 200 000 USD |
| Total amount | 500 000 000 USD |
| Detailed description |
Bank of China is a major Chinese state-owned commercial bank offering a wide range of financial services domestically and internationally. Bank of China, one of the People's Republic of China's prominent state-owned commercial banks and a significant global financial institution, successfully fulfilled its obligations regarding the USD-denominated bond with ISIN XS1832452103, which matured and was fully repaid on June 7, 2023, after its issuance in China; this fixed-income instrument, an integral part of an aggregate issue size of 500,000,000 USD, featured an annual interest rate of 1.829%, disbursed to bondholders quarterly, with a minimum initial investment threshold set at 200,000 USD, and prior to its final redemption at 100% of its face value, it exemplified a standard debt instrument offering regular income through its four annual payments, providing a clear illustration of a successfully completed investment cycle for its holders. |