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ItalianoBond Bank of Shaoxing Bonds 0% ( CND10003WHY2 ) in CNY
| Issuer | Bank of Shaoxing Bonds | ||||||||||||||||||||||||||||||
| Market price | 100.00 % ⇌ | ||||||||||||||||||||||||||||||
| Country |  China
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| ISIN code |
 CND10003WHY2 ( in CNY )
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| Interest rate | 0% | ||||||||||||||||||||||||||||||
| Maturity | 04/08/2021 - Bond has expired | ||||||||||||||||||||||||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | / | ||||||||||||||||||||||||||||||
| Total amount | 100 000 000 CNY | ||||||||||||||||||||||||||||||
| Detailed description |
Shaoxing Bank issues bonds to raise capital, typically offering various maturities and interest rates, subject to market conditions and regulatory approvals. This financial article details the specifics of a bond identified by ISIN CND10003WHY2, a debt instrument issued by Bank of Shaoxing Bonds, a financial institution based in China, which has reached the end of its lifecycle. The Bank of Shaoxing, a key player within the Chinese financial landscape renowned for its regional banking services, originally issued this bond with a total size of CNY 100,000,000. Denominated in Chinese Yuan, this particular bond featured a 0% interest rate and a payment frequency of 1, characteristic of instruments designed primarily for principal repayment at maturity rather than periodic interest distributions. With a stipulated maturity date of August 4, 2021, the bond has since fully matured and been successfully repaid, as reflected by its reported current market price of 100% at the point of redemption, confirming the issuer's complete fulfillment of its obligations. |
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