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ItalianoBond Agricultural Development Bank of China (ADBC) 3.23% ( XS2001754766 ) in CNY
| Issuer | Agricultural Development Bank of China (ADBC) |
| Market price | 100 % ▼ |
| Country |  China
|
| ISIN code |
 XS2001754766 ( in CNY )
|
| Interest rate | 3.23% per year ( payment 1 time a year) |
| Maturity | 29/05/2022 - Bond has expired |
|
Prospectus brochure in PDF format |
|
| Minimal amount | 1 000 000 CNY |
| Total amount | 1 000 000 000 CNY |
| 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. 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. |