Bond Baoshan Steel Bonds 2.33% ( CND10005B453 ) in CNY

Issuer Baoshan Steel Bonds
Market price 100 %  ⇌ 
Country  China
ISIN code  CND10005B453 ( in CNY )
Interest rate 2.33% per year ( payment 1 time a year)
Maturity 21/12/2021 - Bond has expired



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Minimal amount /
Total amount 3 000 000 000 CNY
Detailed description Baoshan Iron & Steel (Baosteel) bonds are debt securities issued by the company, offering investors a fixed income stream and representing a loan to the enterprise, subject to credit risk and market fluctuations.

An overview of the debt instrument identified by ISIN CND10005B453 reveals a bond issued by Baoshan Iron & Steel, a leading Chinese integrated iron and steel company known for its vast production capacity and significant role in the global steel market; this particular bond, denominated in CNY with a total issuance size of 3,000,000,000, carried an annual interest rate of 2.33% and was set to mature on December 21, 2021, at which point it was fully redeemed at its par value, having traded at 100% of its nominal price.