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 bond, identified by ISIN XS2001754766, was a CNY 1,000,000,000 issuance from China, carrying a 3.23% interest rate and an annual payment frequency, issued by the Agricultural Development Bank of China (ADBC), a prominent Chinese policy bank dedicated to supporting the nation's agricultural and rural development; this fixed-income instrument, which traded at 100% of its par value with a minimum purchase size of CNY 1,000,000, reached its maturity on May 29, 2022, and has since been fully redeemed.
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