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ItalianoBond Agricultural Development Bank of China (ADBC) 3.63% ( CND10002D258 ) in CNY
| Issuer | Agricultural Development Bank of China (ADBC) | ||||||||
| Market price | 99.84 % ▲ | ||||||||
| Country |  China
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| ISIN code |
 CND10002D258 ( in CNY )
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| Interest rate | 3.63% per year ( payment 1 time a year) | ||||||||
| Maturity | 19/07/2026 - Bond has expired | ||||||||
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Prospectus brochure in PDF format |
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| 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 instrument, identifiable by ISIN CND10002D258, represents a bond issued in China by the Agricultural Development Bank of China (ADBC), a prominent policy bank operating under the direct leadership of the State Council with a crucial mandate to provide long-term, low-cost financing for agricultural and rural development, thereby supporting national food security, rural infrastructure, and poverty alleviation initiatives distinct from commercial banking operations. This fixed-income security, denominated in Chinese Yuan (CNY), is currently trading at par (100% of its face value) and offers an annual interest rate of 3.63%, with interest payments disbursed once per year, and is set to mature on July 19, 2026. |
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