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ItalianoBond Agricultural Development Bank of China (ADBC) 3.25% ( HK0000646973 ) in CNY
| Issuer | Agricultural Development Bank of China (ADBC) |
| Market price | 100.15 % ▼ |
| Country |  China
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| ISIN code |
 HK0000646973 ( in CNY )
|
| Interest rate | 3.25% per year ( payment 1 time a year) |
| Maturity | 27/10/2025 - Bond has expired |
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Prospectus brochure in PDF format |
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| Minimal amount | / |
| Total amount | / |
| 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 article provides an overview of a specific bond (ISIN: HK0000646973) issued by the Agricultural Development Bank of China (ADBC), a vital state-owned policy bank in the People's Republic of China. Established to provide financial support for agricultural and rural development, ADBC plays a crucial role in implementing China's national strategies related to food security and poverty alleviation, making it a significant issuer in the domestic and international debt markets. This particular bond, denominated in Chinese Yuan (CNY), offers a fixed annual interest rate of 3.25% and is set to mature on October 27, 2025. With coupon payments occurring once per year, the bond is currently trading on the market at 100.57% of its par value, indicating its present valuation relative to its face amount. |