Bond China Bank (Hong Kong) 0% ( HK0000243052 ) in USD
Issuer | China Bank (Hong Kong) |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 30/03/2016 - Bond has expired |
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Minimal amount | 100 000 USD |
Total amount | 70 000 000 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. A detailed examination of the fixed income instrument identified by ISIN HK0000243052 reveals its issuance by Bank of China (Hong Kong) Limited (BOCHK), a prominent financial institution with a significant footprint in the Asia-Pacific region and a core member of the Bank of China Group. As a leading listed commercial banking group and one of the three note-issuing banks in Hong Kong, BOCHK plays a crucial role in the financial infrastructure, providing a wide array of banking and financial services to diverse clientele. This particular bond, denominated in USD, was issued from Hong Kong with a total offering size of 70,000,000 US dollars, requiring investors to purchase a minimum of 100,000 US dollars per lot. Notably, the instrument carried a 0% interest rate and was structured with a semi-annual payment frequency. It reached its maturity date on March 30, 2016, at which point its market price stood at 100% of its face value, indicating a par repayment; this obligation has since successfully matured and the principal has been fully reimbursed to bondholders, thereby completing its tenure. |