Bond SinoPetroChem 1.7% ( CND100055243 ) in CNY

Issuer	SinoPetroChem
Market price	100 % ⇌
Country	China
ISIN code	CND100055243 ( in CNY )
Interest rate	1.7% per year ( payment 1 time a year)
Maturity	06/09/2022 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	100 CNY
Total amount	2 500 000 000 CNY
Detailed description	China Petroleum & Chemical Corporation (Sinopec Group) is a state-owned integrated energy and chemical company engaged in the exploration, production, refining, transportation, and sale of petroleum and petrochemical products. This report details a recently matured obligation issued by China Petroleum and Chemical. The bond, identified by ISIN CND100055243, successfully reached its maturity on September 6, 2022, and has since been fully redeemed at its par value of 100% of the principal amount. The issuer, China Petroleum and Chemical Corporation, commonly known as Sinopec Group, is one of China's largest state-owned integrated energy and chemical companies, playing a pivotal role in the nation's energy security and industrial development through its extensive operations in oil and gas exploration, refining, chemical production, and marketing. Issued within China and denominated in Chinese Yuan (CNY), this specific obligation had a total issuance size of CNY 2,500,000,000 and offered an annual interest rate of 1.7%, with interest payments made once per year. The minimum acquisition size for investors was set at CNY 100. The bond's full redemption confirms the successful completion of its lifecycle as a debt instrument.