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ItalianoBond Bank of Communications 0% ( CND100041FX2 ) in CNY
| Issuer | Bank of Communications | ||||||
| Market price | 100.00 % ⇌ | ||||||
| Country |  China
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| ISIN code |
 CND100041FX2 ( in CNY )
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| Interest rate | 0% | ||||||
| Maturity | 18/11/2021 - Bond has expired | ||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 100 CNY | ||||||
| Total amount | 200 000 000 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 bond identified by ISIN CND100041FX2 details a specific financial instrument issued by the Bank of Communications, a leading Chinese financial institution. The Bank of Communications, headquartered in Shanghai, is one of China's 'Big Five' state-owned commercial banks and holds a prominent position within the global banking sector, offering a comprehensive suite of financial services to corporate and individual clients across its extensive domestic network and growing international presence, thereby playing a crucial role in China's financial system and economic development. This particular bond, denominated in Chinese Yuan (CNY), represented a total issue size of CNY 200,000,000, structured with a minimum purchase size of CNY 100. A distinctive characteristic of this offering was its stated interest rate of zero percent, suggesting it was likely a zero-coupon bond or structured for specific financial purposes where interest payments were not applicable, with a payment frequency indicated as once, typically annually. The bond successfully reached its scheduled maturity date on November 18, 2021, at which point it was fully repaid at its 100% market value, confirming the timely fulfillment of the issuer's obligations to its bondholders. |
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