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ItalianoBond Zh?ngguó 0% ( CND10002KVQ6 ) in CNY
| Issuer | Zh?ngguó |
| Market price | 100 % ⇌ |
| Country |  China
|
| ISIN code |
 CND10002KVQ6 ( in CNY )
|
| Interest rate | 0% |
| Maturity | 13/04/2020 - 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 | 10 000 000 000 CNY |
| Detailed description |
China is a vast, diverse East Asian country with a rich history, a rapidly growing economy, and a complex political system. This financial instrument, identified by its ISIN CND10002KVQ6, was a sovereign bond issued by China, a preeminent global economic power and a significant participant in international capital markets. Denominated in Chinese Yuan (CNY), the bond had a total issuance size of CNY 10,000,000,000, with a minimum purchase increment set at CNY 100. Notably, the bond carried a 0% interest rate, characteristic of a zero-coupon bond where returns are typically derived from the discount at which it is purchased and its eventual redemption at par. Its maturity date was April 13, 2020, at which point it was fully redeemed at 100% of its face value, signifying the successful completion of its lifecycle and the repayment of principal to bondholders. |