Bond Kaohsiung Securities 0.37% ( TW000HB10058 ) in TWD

Issuer Kaohsiung Securities
Market price 100 %  ▲ 
Country  Taiwan
ISIN code  TW000HB10058 ( in TWD )
Interest rate 0.37% per year ( payment 1 time a year)
Maturity 05/11/2023 - Bond has expired



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Minimal amount /
Total amount 2 200 000 000 TWD
Detailed description Kaohsiung bonds are municipal bonds issued by the Kaohsiung City Government in Taiwan to finance public projects and infrastructure.

Fixed-income investors recently observed the full redemption of the Kaohsiung Bond (ISIN: TW000HB10058), a municipal debt instrument issued by the city of Kaohsiung, a major economic and administrative center in Taiwan, upon its maturity on November 5, 2023, which was effectively reimbursed; this specific bond, denominated in New Taiwan Dollars (TWD), was part of a substantial issuance totaling TWD 2,200,000,000, carried an annual coupon rate of 0.37%, and historically maintained a market price of 100% of its face value.