Bond Baoshan Steel Bonds 2.1% ( CND10004KQS8 ) in CNY

Issuer Baoshan Steel Bonds
Market price 100 %  ⇌ 
Country  China
ISIN code  CND10004KQS8 ( in CNY )
Interest rate 2.1% per year ( payment 1 time a year)
Maturity 12/11/2021 - Bond has expired



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Minimal amount /
Total amount 3 000 000 000 CNY
Detailed description Baoshan Iron & Steel (Baosteel) bonds are debt securities issued by the company, representing a loan to Baosteel with the promise of repayment of principal plus interest at a specified date or dates.

The bond identified by ISIN CND10004KQS8, issued by Baoshan Iron & Steel Bonds?representing Baoshan Iron & Steel, a prominent state-owned iron and steel conglomerate and one of China's largest producers, central to the nation's heavy industry?has successfully completed its lifecycle, having matured and been fully repaid. This fixed-income instrument, denominated in Chinese Yuan (CNY) and issued from China, carried an annual coupon rate of 2.1% on its total issuance size of CNY 3,000,000,000. With a maturity date of November 12, 2021, the bond reached its term and was redeemed at 100% of its face value, signifying the timely fulfillment of the issuer's financial obligations to its bondholders.