Bond Guangdong Bonds 3.5% ( CND1000112W8 ) in CNY
| Issuer | Guangdong Bonds | ||||
| Market price | 100.00 % ▲ | ||||
| Country | China
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| ISIN code |
CND1000112W8 ( in CNY )
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| Interest rate | 3.5% per year ( payment 1 time a year) | ||||
| Maturity | 10/07/2023 - Bond has expired | ||||
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Prospectus brochure in PDF format |
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| Minimal amount | / | ||||
| Total amount | 500 000 000 CNY | ||||
| Detailed description |
Guangdong Bonds are debt securities issued by the Guangdong Provincial Government, typically in Chinese Yuan, to finance infrastructure projects and other government initiatives within the Guangdong province. **Analysis of Matured Guangdong Provincial Bond (ISIN: CND1000112W8)** This report provides an informative overview of the recently matured and fully repaid bond issuance from China's Guangdong Province, identified by the ISIN CND1000112W8. The issuer, referenced as 'Guangdong Bonds,' pertains to debt instruments typically issued by the Guangdong Provincial Government or its directly affiliated entities. As one of China's most economically dynamic and populous regions, Guangdong plays a pivotal role in the national economy, boasting a substantial Gross Domestic Product (GDP) primarily driven by its robust manufacturing sector, extensive international trade, and burgeoning innovation hubs. Bonds originating from such a prominent provincial authority are generally perceived as relatively stable investment vehicles within the Chinese fixed-income market, reflecting the strong financial standing and ongoing developmental trajectory of the region. Key specifications for the CND1000112W8 bond included a total issue size of 500,000,000 Chinese Yuan (CNY). The bond carried an annual interest rate of 3.5%, with interest payments scheduled to occur once per year. The instrument reached its designated maturity date on July 10, 2023. As confirmed by the issuer, this obligation was successfully redeemed at par, signifying that all principal and accrued interest have been fully repaid to bondholders. While its pre-maturity market price would have naturally converged towards 100% as redemption approached, the confirmed full repayment at par underscores the issuer's consistent commitment to fulfilling its financial obligations. This specific bond has now been fully retired from the market. |
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