Bond China Bank (Hong Kong) 2.15% ( HK0000233632 ) in HKD
Issuer | China Bank (Hong Kong) |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 2.15% per year ( payment 1 time a year) |
Maturity | 16/01/2018 - Bond has expired |
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Minimal amount | 50 000 HKD |
Total amount | 110 000 000 HKD |
Detailed description |
Bank of China (Hong Kong) is a major commercial bank in Hong Kong, a subsidiary of Bank of China, offering a wide range of financial services including retail banking, corporate banking, investment banking, and global markets. An examination of a specific debt instrument reveals a bond issued by Bank of China (Hong Kong). Bank of China (Hong Kong) Limited, a major commercial banking group based in Hong Kong, operates as a principal subsidiary of Bank of China, one of the largest state-owned commercial banks in the People's Republic of China, and holds a significant position as a leading licensed bank in the Hong Kong Special Administrative Region. This particular fixed-income security, uniquely identified by the ISIN HK0000233632, was denominated in Hong Kong Dollars (HKD) and issued from Hong Kong. The bond offered a coupon rate of 2.15% and represented a total issue size amounting to HKD 110,000,000. For potential investors, the minimum subscription amount established at issuance was HKD 50,000. Interest payments on this bond were structured to occur with an annual frequency. The bond's scheduled maturity date was January 16, 2018. Upon reaching this maturity date, the bond was noted at a market price of 100% of its par value, confirming its full repayment and successful redemption to its bondholders. |