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Bond Zhejiang CommInvest Group Bonds 2.2% ( CND100073KL0 ) in CNY

Issuer	Zhejiang CommInvest Group Bonds
Market price	100 %  ⇌
Country	China
ISIN code	CND100073KL0 ( in CNY )
Interest rate	2.2% per year ( payment 1 time a year)
Maturity	09/01/2024 - Bond has expired
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Minimal amount	/
Total amount	1 000 000 000 CNY
Detailed description	Zhejiang Communications Investment Group Bonds are debt securities issued by Zhejiang Communications Investment Group, a Chinese state-owned enterprise, to raise capital for infrastructure projects and other investments within the transportation and communication sectors in Zhejiang province and potentially beyond. The CND100073KL0 bond, a Chinese Yuan (CNY) 1 billion fixed-income security issued by Zhejiang Communications Investment Group, a prominent state-owned enterprise (SOE) responsible for significant infrastructure and communications investments within China's Zhejiang province, has successfully matured on January 9, 2024, and was fully redeemed at its 100% par value after providing investors with an annual coupon rate of 2.2%.