Bond Agricultural Development Bank of China (ADBC) 3.76% ( CND100005L69 ) in CNY

Issuer	Agricultural Development Bank of China (ADBC)
Market price	100 % ⇌
Country	China
ISIN code	CND100005L69 ( in CNY )
Interest rate	3.76% per year ( payment 1 time a year)
Maturity	24/08/2017 - Bond has expired
Prospectus brochure in PDF format
Minimal amount	100 CNY
Total amount	25 000 000 000 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 describes a particular fixed-income instrument, an obligation identified by ISIN CND100005L69, issued by the Agricultural Development Bank of China (ADBC), which, having matured on August 24, 2017, has since been fully repaid; this bond, originating from China and denominated in Chinese Yuan (CNY), featured an annual interest rate of 3.76%, was part of a total issuance valued at CNY 25,000,000,000, allowed for a minimum purchase of CNY 100, and paid interest annually, closing its market tenure at 100% of its face value; the issuer, the Agricultural Development Bank of China (ADBC), is distinguished as one of China's three state-owned policy banks, specifically mandated to provide long-term, low-cost financing for the nation's key agricultural development, rural infrastructure projects, and poverty alleviation initiatives, thereby serving a pivotal, non-commercial role under the direct purview of the State Council.