POST-TRANSACTION PAYMENT ENABLED BOND COMPLEXITY : MODERATE ISIN: XS2372975040
PINGIN 2.850% 12Aug2031 Corp (USD)
CHINA PING AN INSURANCE OVERSEAS (HOLDINGS) LIMITED
Indicative Bid Price
90.817
Bid Yield to Maturity
4.895%
Min. Investment (Nominal)
200000
Indicative Ask Price
91.075
Ask Yield to Maturity
4.834%
Maturity Date
11 Aug 2031
Credit Rating (Bond)
N.R
No Rating
Seniority
Senior Unsecured
Investor Profile
 Stable Income Seeker
Chart
Created with Highcharts 9.3.2Chart context menuBid Yield to MaturityAsk Yield to Maturity26. May28. May30. May1. Jun3. Jun5. Jun7. Jun9. Jun11. Jun13. Jun15. Jun17. Jun19. Jun21. Jun4.74.754.84.854.94.955fundsupermart.com
Bond Information
China Ping An Insurance Overseas (Holdings) Limited provides financial services. The Company offers insurance, banking, investment, and tech business services. China Ping An Insurance Overseas (Holdings) serves clients in Asia.
Bond Issuer
China Ping An Insurance Overseas (Holdings) Limited
Guarantor
-
Announcement Date
02 Aug 2021
Issue Date
11 Aug 2021
Maturity Date / Next Call Date
11 Aug 2031 (Maturity Date)
Years to Maturity / Next Call
5.135 / -
Issue/Reoffer Price
99.922
Issue/Reoffer Yield
2.859
Coupon Type
Fixed
Annual Coupon Rate (%)
2.85
Annual Coupon Frequency
Semi Annually
Seniority
Senior Unsecured
Exchange Listed
SGX
Reference Rate
-
ISIN
XS2372975040
CUSIP
BQ8555865
Bond Currency
USD
Total Issue Size
USD 550,000,000
Minimum Investment Quantity (Nominal)
USD 200,000
Incremental Quantity (Nominal)
USD 1,000
Bond Registration
Wholesale
Bond Type
Corporate
Bond Sector
Financials
Bond Sub Sector
Insurance
Issuer Credit Rating (S&P/ Fitch)
***/N.R
Bond Credit Rating (S&P/ Fitch)
***/N.R
Shariah Compliant
No
W-8BEN Declaration needed
No
Bond Feature(s)
At any time following the occurrence of a Change of Control, the holder of each Note will have the right, at such holder’s option, to require the Issuer to redeem all, but not some only, of such holder’s Notes on the Change of Control Put Date at 101 per cent. of their principal amount, together with interest accrued to but excluding the Change of Control Put Date.

For the purposes of this Condition 6(f): a ‘‘Change of Control’’ occurs when Ping An Insurance (Group) Company of China Ltd. does not or ceases to, at any time, own or control, whether directly or indirectly, 100 per cent. of the issued share capital of the Issuer.
Price History
(Daily prices for the last 3 months), if you wish to view more than 3 months price history you may export the file
DATE
BID PRICE
ASK PRICE
ASK YIELD (MATURITY)
22 Jun 202690.81791.0754.834
21 Jun 202690.77391.0324.843
18 Jun 202690.82091.0784.832
17 Jun 202690.91091.1684.810
16 Jun 202691.23091.4824.733
15 Jun 202691.09091.3374.766
14 Jun 202691.22391.4904.730
11 Jun 202690.97191.2384.787
10 Jun 202690.66690.9284.859
09 Jun 202690.58690.7664.893
Total of 65 entries
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FSM Global strives to ensure the accuracy and relevance of the information provided here. If the information is not up-to-date or erroneous, we appreciate feedback to keep it accurate.
Credit Rating

There are no credit rating changes for this bond for the past 3 years.

Related Documents
pdfIcon
Offering Circular
U.S.$3,000,000,000 Medium Term Note Programme. The date of this Offering Circular is 28 July 2021.
Related Bonds
BOND NAME

ISSUER

MATURITY DATE / NEXT CALL DATE
ASK PRICE
ASK YTM / YTW
BOND CREDIT RATING (S&P/FITCH)
action
PINGIN 6.125% 16May2034 Corp (USD)

China Ping An Insurance Overseas (Holdings) Limited

 15 May 2034 106.012 5.186% p.a. ***/N.R
TRANSACT
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FSM's Fees
For more information, please refer to the Pricing Structure
For each Buy & Sell Order (Retail^, Wholesale, Bond Express)
Processing Fee
0.35% / Min. SGD 10*
Platform Fee
0.05% per quarter
Other Charges
Goods & Services Tax (GST)
9% (GST is applicable to Singaporean residents on FSM’s fee)
Order Processing Time
Buy Wholesale Bonds / SGS Bonds / Retail (All payment type)
Generally T+2 business days upon payment clearance
Sell Wholesale Bonds / SGS Bonds / Retail Bonds
Generally T+2 business days (Redemption proceeds will be credited on next day)
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Remark

  1. *Processing fee is subjected to a minimum of SGD 10 (or in its equivalent currency).
  2. ^ For the purchase of the Retail Bonds, FSM Global will be absorbing SGX related Charges, till further notice.
  3. T = Transaction Date
    The Order processing time refers to the order completion and reflected in your account.
    ^The Purchase date will be based on T date

Platform Charge
  1. For the purpose of benefiting from lower rates based on higher investment holding tiers, the effective platform fee rate is based on the total combined holdings of all FSM accounts under main account holder (including beneficiary accounts), while Stock / ETF / Cash Account holdings are excluded from the combined holdings amount.
  2. Platform fee is charged for funds / bonds investments (excluding CPF holdings). The fee is accrued daily, calculated based on the daily average market value of the total Assets Under Administration (AUA) and deducted on a quarterly basis.

Note
  1. All fees and commission quoted are exclusive of Goods and Services Tax (GST).
  2. Platform fee is charged for funds / bonds investments (excluding CPF holdings). The fee is accrued daily, calculated based on the daily average market value of the total Assets Under Administration (AUA) and deducted on a quarterly basis.

Potential Income Explained
EDIT
Est. Payable Amount
USD 185,193.00
Years to Maturity
5 years 1+ months
Est. Total Income
USD 31,350.00
Yield to Maturity
4.538%
Indicative Cash Flow
Nominal Value
USD 200,000.00
  • 2031
    Aug
    Coupon
    USD 2,850.00
    Maturity
    USD 200,000.00
  • Feb
    Coupon
    USD 2,850.00
  • 2030
    Aug
    Coupon
    USD 2,850.00
  • Feb
    Coupon
    USD 2,850.00
  • 2029
    Aug
    Coupon
    USD 2,850.00
Disclaimer: Cash flow calculations are computed based on current coupon rate till next possible call or maturity date. Figures reflected are indicative and subjected to changes in case of any corporate actions.
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