China Railway Group Confirms Upcoming Interest Payment for 2024 Bond Series

Stock News
Sep 17

China Railway Group Limited (00390) has officially announced the scheduled interest payment date for its latest corporate bond issuance. The company will distribute the coupon payment to bondholders on September 28, 2026, as part of its ongoing debt servicing obligations.

The specific instrument in question is the fourth tranche (Variety One) of the 2024 technology innovation corporate bonds, publicly issued to professional investors. This bond series, abbreviated as "24 Tie Gong K7," carries a fixed annual coupon rate of 2.24%.

For every 1,000.00 yuan in face value held, an investor will receive an interest payout of 22.40 yuan, which includes applicable taxes. This payment aligns with the company's commitment to maintaining timely financial distributions to its investors.

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