Bond China Bank (Hong Kong) 0% ( HK0000240322 ) in USD
Issuer | China Bank (Hong Kong) |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 12/03/2018 - Bond has expired |
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Minimal amount | 100 000 USD |
Total amount | 15 000 000 USD |
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. This financial analysis details a US dollar-denominated bond, ISIN HK0000240322, which was issued in Hong Kong by Bank of China (Hong Kong), a significant commercial banking group and a systemically important financial institution operating within the Hong Kong banking sector. With a total issuance size of USD 15,000,000 and a minimum purchase size set at USD 100,000, this particular bond featured a 0% interest rate, characterizing it as a zero-coupon instrument despite a specified payment frequency of two (which would typically imply semi-annual payments for interest-bearing bonds). The bond reached its maturity on March 12, 2018, at which point it was fully redeemed at 100% of its face value, signifying the completion of its lifecycle and repayment to investors. |