Français
ItalianoBond State Power Corp 1.98% ( CND100060JM7 ) in CNY
| Issuer | State Power Corp |
| Market price | 100 % ⇌ |
| Country |  China
|
| ISIN code |
 CND100060JM7 ( in CNY )
|
| Interest rate | 1.98% per year ( payment 1 time a year) |
| Maturity | 31/05/2023 - 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 | 2 900 000 000 CNY |
| Detailed description |
State Power Investment Corporation (SPIC) is a large Chinese state-owned enterprise primarily involved in the development and operation of power generation and related infrastructure projects, both domestically and internationally. The CND100060JM7 bond, an obligation issued by State Power Investment Corporation, a prominent state-owned energy conglomerate based in China, has successfully reached its maturity and been fully redeemed, reflecting the complete lifecycle of this financial instrument which carried an annual interest rate of 1.98% and a payment frequency of once per year; this Chinese Yuan (CNY) denominated bond, originally issued with a total size of 2.9 billion CNY and a minimum purchase size of 100 CNY, was repaid to investors at 100% of its par value upon its maturity on May 31, 2023, thus concluding its term as a fully reimbursed asset. |