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ItalianoBond Shaoxing Bond Bank 0% ( CND100049RZ5 ) in CNY
| Issuer | Shaoxing Bond Bank |
| Market price | 100 % ⇌ |
| Country |  China
|
| ISIN code |
 CND100049RZ5 ( in CNY )
|
| Interest rate | 0% |
| Maturity | 03/03/2022 - 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 | 550 000 000 CNY |
| Detailed description |
Shaoxing Bank issues bonds to raise capital, typically offering various maturities and interest rates, subject to market conditions and regulatory approvals. A recent financial analysis confirms the successful maturity and full redemption of the debt instrument identified by ISIN CND100049RZ5, issued by Bank of Shaoxing Bonds, a financial entity based in China. This bond, denominated in Chinese Yuan (CNY) and representing a total issuance size of 550,000,000, reached its scheduled maturity on March 3, 2022. Characterized by a 0% interest rate, indicating its structure as a zero-coupon bond, its market price at the time of redemption stood at 100% of its face value, signifying repayment at par. The stated payment frequency of one further underscores the instrument's design for a singular principal repayment event at its maturity, confirming the full settlement of obligations to bondholders. |