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ItalianoBond Agricultural Development Bank of China (ADBC) 3.73% ( CND1000089G1 ) in CNY
| Issuer | Agricultural Development Bank of China (ADBC) |
| Market price | 100 % ▼ |
| Country |  China
|
| ISIN code |
 CND1000089G1 ( in CNY )
|
| Interest rate | 3.73% per year ( payment 1 time a year) |
| Maturity | 22/05/2020 - Bond has expired |
|
Prospectus brochure in PDF format |
|
| Minimal amount | 100 CNY |
| Total amount | 36 000 000 000 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 CND1000089G1 bond, a fixed-income instrument issued by the Agricultural Development Bank of China (ADBC), a prominent state-owned policy bank in the People's Republic of China dedicated to supporting agricultural development, rural areas, and farmers, successfully matured and was fully repaid on May 22, 2020, at its par value of 100%, having offered an annual interest rate of 3.73% on its total issuance size of 36,000,000,000 CNY, with a minimum purchase amount set at 100 CNY. |