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 |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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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. |
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