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ItalianoBond Zhejiang CommInvest Group Bonds 3% ( CND10004MJ08 ) in CNY
| Issuer | Zhejiang CommInvest Group Bonds |
| Market price | 100 % ⇌ |
| Country |  China
|
| ISIN code |
 CND10004MJ08 ( in CNY )
|
| Interest rate | 3% per year ( payment 1 time a year) |
| Maturity | 06/09/2024 - 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 |
Zhejiang Communications Investment Group Bonds are debt securities issued by Zhejiang Communications Investment Group, a Chinese state-owned enterprise, to raise capital for infrastructure projects and other investments within the transportation and communication sectors in Zhejiang province and potentially beyond. A recent financial market report confirms the full redemption of the bond identified by ISIN CND10004MJ08, a fixed-income instrument issued by Zhejiang Communications Investment Group, a prominent state-owned enterprise in China responsible for developing and managing critical transportation and communication infrastructure projects within the Zhejiang province, which, originating from China and denominated in Chinese Yuan (CNY), reached its scheduled maturity on September 06, 2024, having been fully repaid at its current market price of 100% of its face value, after providing investors with an annual interest rate of 3% disbursed annually on its total issuance size of CNY 1,000,000,000. |