The Agricultural Development Bank of China (ADBC) announced on Friday that it planned to issue three batches of financial bonds on July 15. The three batches of bonds bear a maturity of 1 year, 2 years and 3 years, with the offering scale at 7 billion yuan, 6 billion yuan and 7 billion yuan respectively. These are the 16th, 17th and 18th batches of bonds offered by the policy bank in 2015.
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