Bond Liuzhou Guangxi Steel Bonds 4.66% ( CND10002T7T8 ) in CNY

Issuer	Liuzhou Guangxi Steel Bonds
Market price	100 % ⇌
Country	China
ISIN code	CND10002T7T8 ( in CNY )
Interest rate	4.66% per year ( payment 1 time a year)
Maturity	26/09/2022 - Bond has expired
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Minimal amount	/
Total amount	1 000 000 000 CNY
Detailed description	Guangxi Liuzhou Iron and Steel Group Bonds are debt securities issued by Guangxi Liuzhou Iron and Steel Group, representing a loan to the company with a promise to repay the principal plus interest at specified future dates. A recent review of the fixed-income landscape confirms the successful maturity and full repayment of the Guangxi Liuzhou Iron and Steel Group Bond (ISIN: CND10002T7T8). This bond, issued by Guangxi Liuzhou Iron and Steel Group ? a significant state-owned enterprise and a major player in China's iron and steel industry, based in China ? reached its scheduled maturity on September 26, 2022. The security, denominated in Chinese Yuan (CNY) with a total issuance size of CNY 1,000,000,000, offered investors an annual interest rate of 4.66%. Consistent with its terms, the bond was redeemed at 100% of its principal value, affirming the issuer's commitment to its financial obligations upon the successful completion of this investment cycle.