Bond China AgBank 2.04% ( XS2104004192 ) in USD
Issuer | China AgBank |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 2.04% per year ( payment 2 times a year) |
Maturity | 17/07/2020 - 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 | 100 000 USD |
Total amount | 20 000 000 USD |
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. The XS2104004192 bond, an obligation issued by the Agricultural Bank of China, one of the People's Republic of China's "Big Four" state-owned commercial banks with extensive financial operations across rural and urban sectors, has successfully matured and been fully repaid. This USD-denominated fixed-income instrument, originating from China, featured a 2.04% annual interest rate, paid semi-annually, and had a total issuance size of $20,000,000, with a minimum purchase requirement of $100,000. It reached its maturity on July 17, 2020, and was redeemed at 100% of its face value, confirming the full reimbursement of principal to investors. |