According to the Zhitong Finance App, Yuexiu Real Estate (00123) announced that Guangzhou Urban Construction and Development Co., Ltd. will publicly issue corporate bonds (Phase 4) to professional investors in 2023 and will begin paying interest from December 22, 2024 to December 21, 2025.
Current bonds are divided into 2 types. Type 1 (i.e. “23 Sui Jian07”, 240203) has a coupon interest rate (annual interest rate) of 3.03%, the face value of each current bond is 1,000 yuan, and the interest payment is 30.30 yuan (tax included); Type 2 (i.e. “23 Sui Jian08”, 240401) coupon interest rate (annual interest rate) is 3.25%, and the face value of each principal bond is RMB 1,000, and the interest payout is RMB 32.50 (tax included).