China Railway Announces Interest Payment on 2024 Corporate Bond "24 Tie Gong K6"

Stock News
Sep 04

China Railway Group Limited (00390) has issued a formal notice regarding the upcoming interest payment for its corporate bond. The specific bond, the 2024 Science and Technology Innovation Corporate Bond (Third Tranche) (Type II) issued to professional investors, will see its interest settled on September 14, 2026.

The bond, designated as "24 Tie Gong K6," carries a fixed annual coupon rate of 2.35%. According to the announcement, the interest distribution will be calculated on a per-lot basis, with each lot having a face value of RMB 1,000.00. Accordingly, the interest payout for each lot is set at RMB 23.50, which is inclusive of applicable taxes.

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