Bond Nantong Coastal Development Securities 2.55% ( CND10004WLD6 ) in CNY

Issuer Nantong Coastal Development Securities
Market price 100 %  ⇌ 
Country  China
ISIN code  CND10004WLD6 ( in CNY )
Interest rate 2.55% per year ( payment 1 time a year)
Maturity 05/07/2022 - Bond has expired



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Minimal amount /
Total amount 600 000 000 CNY
Detailed description Nantong Coastal Development Bonds are municipal bonds issued to finance infrastructure projects and economic development initiatives within the coastal areas of Nantong, China.

The CND10004WLD6 bond, issued by Nantong Coastal Development Bonds, an entity typically engaged in local government-backed or state-affiliated infrastructure projects within China's Nantong region, matured and was fully redeemed at 100% of its nominal value on July 5, 2022. This CNY 600,000,000 debt instrument, originating from China, featured an annual coupon rate of 2.55% with a single yearly payment frequency, confirming its full repayment upon reaching its maturity date.