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ItalianoBond Yancheng Hitech Zone Investment 2.08% ( XS2379865475 ) in USD
| Issuer | Yancheng Hitech Zone Investment | ||||
| Market price | 100 % ▲ | ||||
| Country |  China
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| ISIN code |
 XS2379865475 ( in USD )
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| Interest rate | 2.08% per year ( payment 2 times a year) | ||||
| Maturity | 09/02/2024 - Bond has expired | ||||
| Minimal amount | 200 000 USD | ||||
| Total amount | 115 000 000 USD | ||||
| Detailed description |
Yancheng Hitech Zone Investment promotes investment and development within the Yancheng High-tech Industrial Development Zone, focusing on strategic emerging industries like new energy, new materials, and biomedicine, attracting domestic and international investors through various incentives and support programs. The USD-denominated bond, identified by ISIN XS2379865475, issued by Yancheng Hitech Zone Investment, an entity operating from China's Yancheng Hitech Zone likely as a key local government financing vehicle (LGFV) or state-backed development company responsible for regional infrastructure, successfully reached its maturity on September 2, 2024, and was fully repaid at its par value of 100%, having offered a 2.08% interest rate on its total issue size of 115,000,000 USD, with semi-annual payments (frequency 2) and an initial minimum purchase size set at 200,000 USD. |
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