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ItalianoBond China Agriculture Bank 2.68% ( CND100009CG1 ) in CNY
| Issuer | China Agriculture Bank |
| Market price | 100 % ⇌ |
| Country |  China
|
| ISIN code |
 CND100009CG1 ( in CNY )
|
| Interest rate | 2.68% per year ( payment 1 time a year) |
| Maturity | 20/01/2018 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 100 CNY |
| Total amount | 8 000 000 000 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 article provides details on the bond identified by ISIN CND100009CG1, an issuance by the Agricultural Development Bank of China (ADBC), a state-owned policy bank of the People's Republic of China, established to support agricultural and rural development, thereby benefiting from a strong implied sovereign backing. Issued in China and denominated in Chinese Yuan (CNY), this specific bond had a total issuance size of 8,000,000,000 CNY, with a minimum purchase amount set at 100 units. It featured an interest rate of 2.68% with payments made annually, and reached its maturity on January 20, 2018, having been successfully redeemed at its par value of 100%, confirming its full repayment to investors. |