Bond Zh?ngguó 2.32% ( CND100009CT4 ) in CNY
Issuer | Zh?ngguó |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 2.32% per year ( payment 1 time a year) |
Maturity | 07/01/2017 - 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 | 100 CNY |
Total amount | 20 000 000 000 CNY |
Detailed description |
China is a vast, diverse East Asian country with a rich history, a rapidly growing economy, and a complex political system. An analysis of the CND100009CT4 bond, a matured sovereign debt instrument issued by the People's Republic of China, provides insights into its characteristics and a testament to its issuer's fiscal responsibility. The People's Republic of China, globally recognized as a formidable economic power and the world's second-largest economy, acts as the issuer, underpinning its financial obligations with a vast and centrally managed economic framework. As a sovereign entity, China issues bonds to finance various national initiatives, and its debt instruments are generally perceived within the global financial markets as stable investments, supported by substantial foreign exchange reserves and a robust growth narrative, albeit influenced by its unique economic and political governance. This particular bond, identified by ISIN CND100009CT4, was denominated in Chinese Yuan (CNY) and offered an annual interest rate of 2.32%. The total size of this issuance was significant, amounting to CNY 20,000,000,000, with a minimum purchase increment set at CNY 100, making it accessible to a range of investors. Having been issued by China and maturing on January 7, 2017, the bond successfully reached its scheduled maturity date, at which point it was fully redeemed at 100% of its face value, confirming its repayment and affirming the issuer's adherence to its financial commitments, reinforcing the reliability associated with sovereign debt from a major global economy. |