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ItalianoBond Bank of Communications 3.24% ( CND100037P00 ) in CNY
| Issuer | Bank of Communications | ||||||||
| Market price |  100.00 % ⇌ |
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| Country |  China
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| ISIN code |
 CND100037P00 ( in CNY )
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| Interest rate | 3.24% per year ( payment 1 time a year) | ||||||||
| Maturity | 21/05/2030 | ||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 100 CNY | ||||||||
| Total amount | 40 000 000 000 CNY | ||||||||
| Next Coupon | 21/05/2027 ( In 274 days ) | ||||||||
| Detailed description |
Bank of Communications Co., Ltd. (BoCom) is a major Chinese state-owned commercial bank offering a wide range of financial services domestically and internationally. The Bank of Communications, a cornerstone of China's financial sector and one of its largest state-owned commercial banks, has issued a significant fixed-income instrument, identified by its ISIN CND100037P00. Established in 1908, BoCom operates as a comprehensive banking group, offering extensive financial services across corporate, personal, and treasury segments, underpinned by a robust market presence and state backing that solidify its position within both domestic and international financial landscapes. This specific bond, denominated in Chinese Yuan (CNY), features a fixed annual interest rate (coupon) of 3.24% and is set to mature on May 21, 2030, providing a mid-to-long-term investment horizon with interest payments scheduled annually. The total size of this particular bond issuance is substantial, reaching CNY 40,000,000,000, reflecting a significant capital raise by the institution. Currently trading at its par value of 100% on the market, this offering allows for a minimum purchase size of 100 units, making it accessible to a range of investors. This instrument presents a clear opportunity for investors seeking exposure to the Chinese fixed-income market through a well-established and systemically important state-backed entity, blending a competitive yield with the stability associated with a major national financial institution. |
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