YUEXIU PROPERTY (00123): Guangzhou Urban Construction 2024 Corporate Bonds (Second Tranche) will pay interest on September 18th.

Yuexiu Property (00123) announced that Guangzhou City Urban Construction Development Co., Ltd. will issue corporate bonds (second tranche) to professional investors in 2024, starting payment from September 18, 2025 for interest accrued from September 18, 2024 to September 17, 2025. This series of bonds consists of 2 types: Type 1 (i.e. 24 SZB 03, 241516) with a face interest rate (annualized) of 2.15%, a face value of 1,000 yuan per bond, and a distribution of 21.50 yuan (including tax); Type 2 (i.e. 24 SZB 04, 241517) with a face interest rate (annualized) of 2.78%, a face value of 1,000 yuan per bond, and a distribution of 27.80 yuan (including tax).