Bond Ping An Bond Bank 0% ( CND10004DXG4 ) in CNY

Issuer	Ping An Bond Bank
Market price	100 % ⇌
Country	China
ISIN code	CND10004DXG4 ( in CNY )
Interest rate	0%
Maturity	07/02/2022 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	/
Total amount	1 000 000 000 CNY
Detailed description	Ping An Bank bonds are debt securities issued by Ping An Bank, a major Chinese bank, offering investors fixed-income returns with varying maturities and credit risk profiles. An update regarding the bond identified by ISIN CND10004DXG4, an instrument issued by Ping An Bank, a prominent financial institution operating within China's dynamic banking sector. Ping An Bank, headquartered in Shenzhen and a key subsidiary of Ping An Insurance (Group) Company of China, Ltd., plays a significant role in the nation's financial landscape, offering a comprehensive suite of banking services spanning corporate, retail, and investment banking, with its bond issuances serving as a vital component of its funding and operational strategy. This specific bond, denominated in Chinese Yuan (CNY) and representing a substantial total issue size of CNY 1,000,000,000, was characterized as a zero-coupon instrument, featuring a 0% interest rate, meaning investors were slated to receive their principal and any accrued return as a single lump-sum payment upon maturity rather than periodic interest disbursements. The bond's designated maturity date was February 7, 2022, at which point it was programmed for a singular repayment event. As of its scheduled maturity, this bond has successfully reached its full term and has been fully redeemed. Its current market price of 100% unequivocally confirms the complete repayment of its principal to bondholders, signaling the successful conclusion of this financial obligation in accordance with its terms.