Hangzhou Binjiang Real Estate Group plans to redeem 700 million yuan worth of short-term financing bonds on May 28th, with an interest rate of 3.60%.

On May 19, Hangzhou Binjiang Real Estate Group Co., Ltd. announced the redemption of the third tranche of short-term financing bonds for the year 2024. The announcement stated that the short-term financing bonds are referred to as "24 Binjiang Real Estate CP003", with the bond code of 042480278.IB, and a total issuance amount of 700 million yuan, with an interest rate of 3.60%. The maturity redemption date is set for May 28, 2025. If the maturity date falls on a legal holiday or rest day, the redemption fund transfer will be postponed to the next working day.