Vanke to pay 2025 interest on 2021 corporate bonds

Vanke Co., Ltd. (SZSE:000002) will pay interest on its "21 Vanke 04" bonds on May 20, 2025, for the period of May 20, 2024, to May 19, 2025. The interest rate for this period is 3.70%, which translates to a payment of CNY 37.00 per CNY 1,000 face value. The record date for bondholders is May 19, 2025. China Securities Depository and Clearing Corporation Limited Shenzhen Branch will handle the interest payment. The company reminds investors that applicable taxes will be their own responsibility. The current outstanding bond balance is CNY 5.66 billion. These bonds have a term of 7 years, with the issuer holding redemption and interest rate adjustment options at the end of the 5th year, and investors having a put option.