Bond China AgBank 3.68% ( HK0000238714 ) in CNY
Issuer | China AgBank |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 3.68% per year ( payment 1 time a year) |
Maturity | 24/02/2016 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | 50 000 CNY |
Total amount | 100 000 000 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. This financial article details a specific bond issuance, identified by its ISIN code HK0000238714. The issuer of this fixed-income instrument is the Agricultural Bank of China, a cornerstone of the People's Republic of China's financial system and one of its "Big Four" state-owned commercial banks. With a history stretching back to 1951, Agricultural Bank of China plays a vital role in national development, particularly in supporting agriculture and rural areas, while simultaneously providing a comprehensive range of banking and financial services to a vast clientele across corporate, retail, and wholesale segments both domestically and internationally. This particular bond, issued from China and denominated in Chinese Yuan (CNY), featured an annual interest rate of 3.68%. Its total issuance size was 100,000,000 CNY, with a minimum investment threshold set at 50,000 CNY. The bond?s market price at its final active stage was recorded at 100%, indicating it was trading at par. Importantly, this bond reached its maturity date on February 24, 2016, and has since been fully repaid, concluding its financial cycle. |