Français
ItalianoBond SAIC-GM 5% ( CND10000LPZ1 ) in CNY
| Issuer | SAIC-GM |
| Market price | 100 % ⇌ |
| Country |  China
|
| ISIN code |
 CND10000LPZ1 ( in CNY )
|
| Interest rate | 5% per year ( payment 1 time a year) |
| Maturity | 04/04/2020 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 100 CNY |
| Total amount | 5 000 000 000 CNY |
| Detailed description |
SAIC-GMAC was a joint venture between General Motors and SAIC Motor, focused on automotive financing in China. An analysis of the bond identified by ISIN CND10000LPZ1, an instrument issued in China by SAIC-GMAC, a key automotive finance joint venture operating within the Chinese market, reveals its full maturity and repayment as of April 4, 2020. This CNY-denominated bond, which featured an annual interest rate of 5% and an original total issue size of CNY 5,000,000,000 with a minimum purchase size of CNY 100, was successfully redeemed at 100% of its face value upon reaching its maturity date, confirming the completion of its payment obligations. |