Bond China AgBank 5.8% ( CND100007V57 ) in CNY

Issuer	China AgBank
Market price	100 % ⇌
Country	China
ISIN code	CND100007V57 ( in CNY )
Interest rate	5.8% per year ( payment 1 time a year)
Maturity	18/08/2024 - Bond has expired
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Minimal amount	100 CNY
Total amount	30 000 000 000 CNY
Detailed description	The Agricultural Bank of China is one of the largest commercial banks in the world, specializing in agricultural and rural finance, but also offering a wide range of services to corporate and individual customers. A financial review confirms the full repayment of a significant debt instrument issued by the Agricultural Bank of China, one of the "Big Four" state-owned commercial banks in the People's Republic of China, renowned for its extensive network and critical role in financing the country's agricultural sector and rural development. This particular bond, identified by ISIN CND100007V57, was a standard obligation denominated in Chinese Yuan (CNY) and bore an annual interest rate of 5.8%. Launched with a substantial total issue size of CNY 30,000,000,000 and a minimum purchase increment of CNY 100, the instrument, originally issued from China, reached its scheduled maturity date on August 18, 2024. At the point of its final settlement, the bond was repaid at 100% of its par value, underscoring the issuer's commitment to its debt obligations and concluding its lifecycle.