Bond Neijiang Investment Group 7% ( XS2198374022 ) in USD

Issuer	Neijiang Investment Group
Market price	100 % ▲
Country	China
ISIN code	XS2198374022 ( in USD )
Interest rate	7% per year ( payment 2 times a year)
Maturity	07/07/2022 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	200 000 USD
Total amount	30 000 000 USD
Detailed description	Neijiang Investment Holding Group is a state-owned enterprise based in Neijiang, Sichuan Province, China, focused on investments in various sectors including infrastructure, real estate, and finance. The fixed-income market recently observed the successful maturity and redemption of the bond identified by ISIN XS2198374022. This particular obligation was issued by Neijiang Investment Holding Group, a significant state-owned enterprise operating out of China. As a key local government financing vehicle (LGFV) based in Neijiang, Sichuan Province, the group plays a crucial role in the city's urban development, infrastructure construction, and the management of state-owned assets, reflecting its integral position within the Chinese economic landscape. Denominated in United States Dollars (USD), this bond carried an annual interest rate of 7%, with coupon payments scheduled semi-annually. The total issuance size for this instrument amounted to 30,000,000 USD, structured with a minimum purchase size set at 200,000 USD, catering primarily to institutional investors. With a specified maturity date of July 7, 2022, the bond reached its full term as expected. Having traded at 100% of its par value, the instrument officially matured and was fully repaid to investors, marking a successful conclusion to this particular financial obligation.