Bond State Power Corp 3.08% ( CND100037H67 ) in CNY
| Issuer | State Power Corp |
| Market price | 100 % ⇌ |
| Country | China
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| ISIN code |
CND100037H67 ( in CNY )
|
| Interest rate | 3.08% per year ( payment 1 time a year) |
| Maturity | 11/05/2023 - 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 | 1 500 000 000 CNY |
| Detailed description |
State Power Investment Corporation (SPIC) is a large Chinese state-owned enterprise primarily involved in the development and operation of power generation and related infrastructure projects, both domestically and internationally. An analysis of the CND100037H67 bond, issued by State Power Investment Corporation (SPIC), a prominent Chinese state-owned enterprise and one of the largest power generation groups globally involved in power generation, coal production, and related industries, reveals the characteristics of this debt instrument: issued from China and denominated in Chinese Yuan (CNY), this bond carried an interest rate of 3.08% on a total issuance size of CNY 1,500,000,000, with a minimum purchase amount of 100 units, and although its market price stood at 100% prior to its conclusion, it reached its maturity on May 11, 2023, with an annual payment frequency, and has subsequently been fully redeemed. |
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