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ItalianoBond Agricultural Development Bank of China (ADBC) 3.5% ( CND1000016M2 ) in CNY
| Issuer | Agricultural Development Bank of China (ADBC) |
| Market price | 100 % ⇌ |
| Country |  China
|
| ISIN code |
 CND1000016M2 ( in CNY )
|
| Interest rate | 3.5% per year ( payment 1 time a year) |
| Maturity | 16/12/2018 - Bond has expired |
|
Prospectus brochure in PDF format |
|
| Minimal amount | 100 CNY |
| Total amount | 20 000 000 000 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. The CND1000016M2 bond, a fixed-income instrument originating from China and issued by the Agricultural Development Bank of China (ADBC), a key Chinese policy bank focused on providing financial services for agricultural development and rural infrastructure, reached its maturity on December 16, 2018, and has been fully repaid at its par value of 100%, with the CNY 20,000,000,000 issuance having carried an annual interest rate of 3.5% and been available for a minimum purchase of CNY 100. |