Bond Kunming Transit Industry Bonds 7% ( CND10004X542 ) in CNY

Issuer Kunming Transit Industry Bonds
Market price 100 %  ▲ 
Country  China
ISIN code  CND10004X542 ( in CNY )
Interest rate 7% per year ( payment 1 time a year)
Maturity 12/04/2024 - Bond has expired



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Minimal amount /
Total amount 500 000 000 CNY
Detailed description Kunming Traffic Industry Bonds are municipal bonds issued by the Kunming government to finance transportation infrastructure projects within the city.

An analysis of a specific debt instrument details the recently matured bond identified by ISIN CND10004X542, issued by Kunming Traffic Industry Bonds?a key Chinese state-backed entity responsible for infrastructure and transportation development within Kunming, China?which carried an annual coupon rate of 7%, was denominated in CNY, had a total issuance size of 500,000,000, and maintained a market price of 100% of par before its maturity date of April 12, 2024, at which point this obligation was fully redeemed and repaid.