Français
ItalianoBond The Agricultural Development Bank of China 3.75% ( CND10001X8C7 ) in CNY
| Issuer | The Agricultural Development Bank of China | ||||||||
| Market price |  100.00 % ▲ |
||||||||
| Country |  China
|
||||||||
| ISIN code |
 CND10001X8C7 ( in CNY )
|
||||||||
| Interest rate | 3.75% per year ( payment 1 time a year) | ||||||||
| Maturity | 24/01/2029 | ||||||||
|
Prospectus brochure in PDF format |
|||||||||
| Minimal amount | 100 CNY | ||||||||
| Total amount | 163 570 000 000 CNY | ||||||||
| Next Coupon | 25/01/2027 ( In 136 days ) | ||||||||
| 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 of China. A recent debt issuance from The Agricultural Development Bank of China, a prominent policy bank within the People's Republic of China dedicated to supporting agricultural and rural development, provides investors with an opportunity to gain exposure to the Chinese fixed-income market. This specific obligation, identified by ISIN CND10001X8C7, is a fixed-income instrument issued from China, denominated in Chinese Yuan (CNY). It currently trades at par, reflecting a market price of 100% of its face value, and offers an annual interest rate of 3.75%. The bond is set to mature on January 24, 2029, and represents a substantial total issue size of CNY 163,570,000,000. Interest payments are scheduled annually, and the minimum purchase size for this offering is 100 units. |
||||||||
| |||||||||