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ItalianoBond China AgBank 1.2% ( HK0000300571 ) in HKD
| Issuer | China AgBank |
| Market price | 100 % ⇌ |
| Country |  China
|
| ISIN code |
 HK0000300571 ( in HKD )
|
| Interest rate | 1.2% per year ( payment 1 time a year) |
| Maturity | 13/07/2017 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 000 HKD |
| Total amount | 400 000 000 HKD |
| Detailed description |
The Agricultural Bank of China is one of the largest commercial banks in the world, specializing in agricultural and rural finance, but also offering a wide range of services to corporate and individual customers. Pertaining to the fixed-income instrument identified by ISIN HK0000300571, this Hong Kong Dollar-denominated bond was issued by the Agricultural Bank of China, a prominent state-owned commercial bank and one of the 'Big Four' in China, recognized globally for its extensive financial services with a specific focus on supporting the nation's agricultural sector and rural economy; the bond, originally sized at HKD 400,000,000 with a minimum subscription of HKD 1,000,000, offered an annual coupon rate of 1.2% and, having reached its maturity date on July 13, 2017, was successfully repaid at its full principal value, consistent with the reported 100% market price, thereby concluding its life cycle. |