Bond China Metallurgical Corp 2.95% ( XS2325182512 ) in USD

Issuer	China Metallurgical Corp
Market price	100 % ⇌
Country	China
ISIN code	XS2325182512 ( in USD )
Interest rate	2.95% per year ( payment 2 times a year)
Maturity	Perpetual
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	500 000 000 USD
Next Coupon	20/04/2026 ( In 15 days )
Detailed description	China Metallurgical Corporation (MCC) is a large state-owned enterprise involved in engineering, procurement, and construction (EPC) for metallurgical and infrastructure projects globally. The financial instrument under review, identified by ISIN XS2325182512, is a perpetual bond issued by Metallurgical Corporation of China (MCC), a prominent state-owned enterprise originating from China. As a global leader in engineering, procurement, and construction (EPC), particularly within the metallurgical and infrastructure sectors, MCC also holds significant interests in resource development, real estate, and equipment manufacturing, solidifying its strategic importance within China's industrial landscape and its global operational footprint. This specific bond is denominated in United States Dollars (USD) and features a fixed interest rate of 2.95%, with payments scheduled twice a year, providing a consistent income stream for investors. The total issuance size amounts to USD 500,000,000, indicating a substantial capital raise by MCC, with a stipulated minimum purchase size of USD 200,000, which typically targets institutional investors or high-net-worth individuals. Notably, the bond is currently trading at 100% of its par value on the market, implying that its yield is aligned with its coupon rate given the perpetual nature. As a perpetual bond, this instrument does not possess a maturity date, entitling investors to receive interest payments indefinitely, or until the issuer chooses to call the bond, if such an option is embedded, offering a long-term income vehicle without a principal repayment date.