Bond China Agriculture Bank 3.89% ( CND100005370 ) in CNY
Issuer | China Agriculture Bank |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 3.89% per year ( payment 1 time a year) |
Maturity | 13/04/2017 - Bond has expired |
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Minimal amount | 100 CNY |
Total amount | 25 000 000 000 CNY |
Detailed description |
The Agricultural Development Bank of China (ADBC) is a state-owned commercial bank primarily focused on providing financial services to the agricultural sector and rural areas in China. This financial analysis focuses on a specific bond issuance, identified by ISIN CND100005370, which has reached its full term and was successfully redeemed. The issuer of this fixed-income instrument was the Agricultural Development Bank of China (ADBC), a key policy bank under the direct leadership of the State Council of the People's Republic of China. ADBC's core mandate involves providing financial services for agricultural infrastructure development, rural revitalization, and the procurement and storage of strategic agricultural commodities, thereby playing a unique, non-commercial role in supporting China's national strategies for food security and agricultural modernization. The bond, denominated in Chinese Yuan (CNY), featured an annual interest rate of 3.89%. Originating from China, the total issuance size for this instrument was substantial, amounting to 25,000,000,000 CNY. Investors were able to acquire this bond with a minimum purchase size set at 100 CNY. With a maturity date of April 13, 2017, and an annual payment frequency, this bond has officially matured. As confirmed, the bond has been fully repaid to its bondholders at par, with all principal and interest obligations being discharged. |