The Agricultural Development Bank of China (ADBC) issued three batches of financial bonds on Wednesday.
The three batches of bonds bear a respective maturity of 1 year, 3 years and 5 years, with yields standing at 2.7394 percent, 3.5757 percent and 3.7967 percent respectively. Insiders disclosed that the subscription ratios of the three batches of bonds reached 1.6, 1.9 and 2.14 times the volumes offered.
Statistics from China Government Securities Depository Trust & Clearing Co. showed that yields on the 1-year, 3-year and 5-year fixed interest rate policy bank bonds traded on the domestic interbank market stood at 2.7752 percent, 3.4941 percent and 3.8108 percent respectively.
These were the additional issue of the 13th, 14th and 15th batches of bonds offered by the policy bank in 2015.
Latest comments