Bond State Power Corp 3.53% ( CND1000489C2 ) in CNY

Issuer	State Power Corp
Market price	100 % ⇌
Country	China
ISIN code	CND1000489C2 ( in CNY )
Interest rate	3.53% per year ( payment 1 time a year)
Maturity	Perpetual
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Minimal amount	100 CNY
Total amount	2 000 000 000 CNY
Next Coupon	01/01/2027 ( In 326 days )
Detailed description	State Power Investment Corporation (SPIC) is a large Chinese state-owned enterprise primarily involved in the development and operation of power generation and related infrastructure projects, both domestically and internationally. A perpetual bond, identified by ISIN CND1000489C2, issued by State Power Investment Corporation, a prominent state-owned enterprise from China and one of the nation's five major power generation groups with extensive operations spanning conventional and renewable energy production, aluminum, and coal mining, is currently quoted at 100% of its par value on the market. This bond, denominated in Chinese Yuan (CNY), offers an annual interest rate of 3.53% with interest payments scheduled to occur once per year. The total issuance size for this offering is 2,000,000,000 CNY, originating from China, and is available for purchase in a minimum increment of 100 units.