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ItalianoBond Xiamen Torch Securities 2.58% ( CND1000355F8 ) in CNY
| Issuer | Xiamen Torch Securities |
| Market price | 100 % ⇌ |
| Country |  China
|
| ISIN code |
 CND1000355F8 ( in CNY )
|
| Interest rate | 2.58% per year ( payment 1 time a year) |
| Maturity | 16/07/2020 - 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 | / |
| Total amount | 300 000 000 CNY |
| Detailed description |
Xiamen Torch Bonds are a type of municipal bond issued by the Xiamen Torch High-tech Industrial Development Zone to finance infrastructure and development projects within the zone. The bond identified by ISIN CND1000355F8, issued by Xiamen Torch Bonds, an entity based in China often associated with the nation's key industrial development zones, has successfully matured and been fully repaid to investors on its due date of July 16, 2020. This fixed-income instrument, denominated in Chinese Yuan (CNY), had an initial total issue size of CNY 300,000,000. It carried an annual interest rate of 2.58% with a payment frequency of once per year, and its market price stood at 100% at the time of its redemption, confirming the complete principal repayment for this Chinese-issued debt. |