Bond Bank of Communications 0% ( CND10003ZPP6 ) in CNY
| Issuer | Bank of Communications | ||||||||
| Market price | 100.00 % ⇌ | ||||||||
| Country | China
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| ISIN code |
CND10003ZPP6 ( in CNY )
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| Interest rate | 0% | ||||||||
| Maturity | 29/10/2021 - Bond has expired | ||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 100 CNY | ||||||||
| Total amount | 6 940 000 000 CNY | ||||||||
| 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. An analysis of the debt instrument identified by ISIN CND10003ZPP6 provides insights into a specific financial obligation issued by Bank of Communications, one of China's leading state-owned commercial banks renowned for its comprehensive financial services and significant role in both domestic and international markets. This bond, denominated in Chinese Yuan (CNY) and issued from China, represented a total issuance size of 6,940,000,000 CNY, with a minimum acquisition unit set at 100 CNY. A key characteristic of this bond was its 0% stated interest rate. The instrument reached its scheduled maturity on October 29, 2021, and has since been confirmed as fully redeemed at 100% of its principal value, indicating the successful fulfillment of the issuer's commitment to its bondholders. |
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