Bond IBCC 6% ( XS1142397550 ) in CNY

Issuer	IBCC
Market price	100 % ⇌
Country	China
ISIN code	XS1142397550 ( in CNY )
Interest rate	6% per year ( payment 1 time a year)
Maturity	Perpetual - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	1 000 000 CNY
Total amount	12 000 000 000 CNY
Detailed description	ICBC is a Chinese multinational banking and financial services corporation headquartered in Beijing, offering a wide range of financial products and services globally. An in-depth analysis of a specific debt instrument, ISIN XS1142397550, issued by the Industrial and Commercial Bank of China (ICBC), a prominent state-owned commercial bank and one of the world's largest financial institutions headquartered in China, reveals key characteristics: this bond, denominated in Chinese Yuan (CNY), carried an annual coupon rate of 6% with payments occurring once per year, was part of a significant CNY 12 billion total issuance, and required a minimum investment threshold of CNY 1 million; while originally structured as a perpetual bond, implying no fixed maturity date, information indicates the instrument has been fully reimbursed to investors, having concluded its term at a market price of 100%.