Bond State Power Corp 3.08% ( CND100037H67 ) in CNY

Issuer State Power Corp
Market price 100 %  ⇌ 
Country  China
ISIN code  CND100037H67 ( in CNY )
Interest rate 3.08% per year ( payment 1 time a year)
Maturity 11/05/2023 - Bond has expired



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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.