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Yinchuan Venture Capital Group successfully issued 500 million yuan in corporate bonds, with the interest rate hitting a record low.
**Wise Insight Network News: **On April 2, Yinchuan Venture Capital Group successfully issued 2026 non-public issuance corporate bonds (Phase 1). The issuance size was 500 million yuan, the issuer’s credit rating was AA+, and the final coupon interest rate was locked at 2.39%. This successful bond issuance achieved a new low record for the lowest interest rate within the same period, same rating category, same bond type, and same maturity, and the issuance interest rate was significantly lowered by 41 basis points (bp) compared with the previous phase. At the same time, it also set the lowest level of coupon interest rates in Yinchuan Venture Capital Group’s history of bond issuances.