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ADBC to sell 3-tranche bonds Nov. 27

BEIJING
2015-11-24 15:50

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The Agricultural Development Bank of China (ADBC) would issue three batches of financial bonds on November 27, namely 2-, 5- and 7-year products. These batches of bonds are the sequel for the 12th, 17th and 20th batches of financial bonds auctioned by the policy bank this year, with each auction amount not to exceeding 7 billion yuan. ADBC is a Chinese policy bank and its bonds can enjoy zero risk weighting until maturity.

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