Bond Lanzhou City Development Bonds 4.5% ( CND1000323L4 ) in CNY

Issuer	Lanzhou City Development Bonds
Market price	100 % ⇌
Country	China
ISIN code	CND1000323L4 ( in CNY )
Interest rate	4.5% per year ( payment 1 time a year)
Maturity	09/04/2023 - Bond has expired
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Minimal amount	/
Total amount	500 000 000 CNY
Detailed description	City Development Company of Lanzhou (CDIL) bonds are debt securities issued by the CDIL, a Chinese state-owned enterprise involved in urban development projects in Lanzhou, offering investors exposure to the Chinese infrastructure sector with varying levels of risk and return depending on the specific bond characteristics. The CND1000323L4 bond, issued by the City Development Company of Lan Zhou (CDIL), a Chinese municipal development entity often responsible for local infrastructure and urban projects, successfully matured on April 9, 2023, and was fully repaid at its 100% par value. This fixed-income instrument, denominated in CNY, offered an annual interest rate of 4.5% and represented a total issuance size of CNY 500,000,000, completing its lifecycle with a timely redemption for investors.