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ItalianoBond Agricultural Development Bank of China (ADBC) 5.07% ( CND100007QC4 ) in CNY
| Issuer | Agricultural Development Bank of China (ADBC) |
| Market price | 100 % ▼ |
| Country |  China
|
| ISIN code |
 CND100007QC4 ( in CNY )
|
| Interest rate | 5.07% per year ( payment 1 time a year) |
| Maturity | 21/07/2019 - 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 Agricultural Development Bank of China (ADBC), the issuer of the bond identified by ISIN CND100007QC4, stands as one of China's three key policy banks, directly overseen by the State Council. Its core mandate is to support national strategies for agricultural and rural development, including food security, poverty alleviation, and modern agriculture, operating on a non-profit basis to provide policy-oriented financial services. This specific bond, denominated in Chinese Yuan (CNY), offered investors an annual interest rate of 5.07% over its lifespan. The total issuance amounted to CNY 20,000,000,000, with a minimum investment tranche of CNY 100. Priced at 100% at the time of its final market valuation, reflecting its imminent or actual redemption, the bond successfully reached its maturity date on July 21, 2019, and has subsequently been fully redeemed and repaid, thereby concluding its financial cycle as a completed obligation for the issuer. |