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ItalianoBond Shangrao Bank Bonds 0% ( CND100049RT8 ) in CNY
| Issuer | Shangrao Bank Bonds |
| Market price | 100 % ⇌ |
| Country |  China
|
| ISIN code |
 CND100049RT8 ( in CNY )
|
| Interest rate | 0% |
| Maturity | 17/06/2021 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | / |
| Total amount | 50 000 000 CNY |
| Detailed description |
Bank of Shangrao bonds are debt securities issued by the Bank of Shangrao, a Chinese commercial bank, offering investors fixed-income returns and varying levels of risk depending on the bond's maturity and credit rating. This financial article details a zero-coupon bond, identified by ISIN CND100049RT8, issued by Bank of Shangrao Bonds, a financial institution based in China. This bond, denominated in Chinese Yuan (CNY), had a total issuance size of CNY 50,000,000. Characterized by a 0% interest rate, typical for a zero-coupon instrument where the return is realized through the difference between purchase price and face value, the bond reached its maturity on June 17, 2021, and has since been fully redeemed, with its market price at the time of redemption recorded at 100% of its face value, confirming the successful repayment of principal to bondholders. |