Bond Zhejiang CommInvest Group Bonds 1.5% ( CND10003L2G3 ) in CNY

Issuer	Zhejiang CommInvest Group Bonds
Market price	100 % ⇌
Country	China
ISIN code	CND10003L2G3 ( in CNY )
Interest rate	1.5% per year ( payment 1 time a year)
Maturity	13/01/2021 - Bond has expired
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Minimal amount	/
Total amount	1 000 000 000 CNY
Detailed description	Zhejiang Communications Investment Group Bonds are debt securities issued by Zhejiang Communications Investment Group, a Chinese state-owned enterprise, to raise capital for infrastructure projects and other investments within the transportation and communication sectors in Zhejiang province and potentially beyond. Zhejiang Communications Investment Group, a key Chinese state-owned enterprise primarily engaged in the investment, construction, and operation of transportation and infrastructure assets within Zhejiang Province, recently concluded the lifecycle of its bond identified by ISIN CND10003L2G3. This specific obligation, issued from China, carried an annual interest rate of 1.5% with payments disbursed once per year, and had an original total issuance size of CNY 1,000,000,000. Having traded at a market price of 100% leading up to its maturity date, the bond successfully reached full maturity on January 13, 2021, and has since been fully repaid to bondholders, completing its financial obligation.