Changjiang Securities announces 2025 bond interest payment details

Changjiang Securities Co. has released details regarding the 2025 interest payment for its 2024 publicly offered corporate bonds (fourth tranche, tranche two) for professional investors. The interest payment date is set for October 21, 2025, with the bond creditor registration date preceding it on October 20, 2025. This payment covers the interest period from October 21, 2024, to October 20, 2025. The bonds, identified as '24 Changjiang 05', have a total issuance value of RMB 5.00 million and a two-year maturity period, with an annual coupon rate of 2.13%.

For every 10 bonds held, a gross interest of RMB 21.30 will be distributed. Individual investors, including those in investment funds, will be subject to a 20% personal income tax, resulting in a net payment of RMB 17.04 per 10 bonds. Non-resident enterprises, including QFII and RQFII, will receive the full RMB 21.30 per 10 bonds before tax. According to an announcement from 2021, most non-resident enterprises are exempt from corporate income tax and value-added tax on bond interest income earned in the domestic bond market until December 31, 2025.

China Securities Depository and Clearing Corporation Limited (Shenzhen Branch) will facilitate the interest payment. Changjiang Securities will transfer the full interest amount to the CSDC Shenzhen Branch two business days prior to the payment date, after which the funds will be disbursed to bondholders' designated accounts.