China Railway to Issue Up to 3 Billion Yuan in Technology Innovation Bonds

Stock News04-20

China Railway (00390) announced plans to issue technology innovation corporate bonds for professional investors. The 2026 issuance represents the seventh tranche under the registration documents, with a total value not exceeding 3 billion yuan. Each bond carries a face value of 100 yuan and will be issued at par. The bonds will have a maturity period of three years. The coupon rate for this tranche is set within a range of 1.30% to 2.30% through bookbuilding. These bonds are designated with the short name "26 Tie Gong K2" and the trading code "245104.SH".

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment