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ADBC to issue three batches of fixed-rate bonds on May 25

BEIJING
2015-05-20 19:31

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The Agricultural Development Bank of China (ADBC) plans to issue three batches of fixed-rate bonds on May 25. The three batches of bonds have a maturity of 1, 2 and 3 years, with auction amounts standing at 8 billion, 8 billion and 6 billion respectively. Dutch bidding will be adopted as the tender mode for the bond offerings.

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