On February 15, China Industrial And Commercial Bank Of China Limited(601398) and China Agricultural Bank Of China Limited(601288) successively issued announcements to introduce the sales of financial bonds of the Agricultural Development Bank of China.
China Industrial And Commercial Bank Of China Limited(601398) : Sales notice on the continued issuance of the sixth issue of financial bonds on the counter market of Agricultural Development Bank of China in 2021
From February 15 to February 16, 2022, the bank will sell the sixth issue of 2021 financial bonds of Agricultural Development Bank of China to individual and corporate customers through e-banking channels and domestic business outlets.
The sixth issue of 2021 financial bonds of Agricultural Development Bank of China (abbreviated as 21 agricultural development bank 06, bond code 210406) issued for the third time in the counter market is a three-year fixed interest rate interest bearing bond, and the amount issued by this bank does not exceed 300 million yuan. The value date, cashing arrangement, coupon rate, transaction and custody methods of the current renewed issuance of agricultural bonds are the same as those of the previous issuance of agricultural bonds in the same period. The value date of the bond is July 21, 2021. The interest will be paid on July 21 of each year (the holidays will be postponed, the same below). The principal will be repaid and the last interest will be paid on July 21, 2024. The face value of the bonds is 100 yuan, the number of bonds subscribed by customers is an integral multiple of the face value of 100 yuan, and the coupon rate is 2.78%. According to the bidding results of the inter-bank market on February 14, the renewal price is 102.51 yuan / 100 yuan face value, and the corresponding reference maturity yield of the renewal price is 2.3884%.
The bonds will be sold on a first come, first served basis until they are sold out; During the issuance period (except non working days), the e-banking channel will sell continuously for 24 hours. For the handling process, please refer to the business introduction of portal website and the publicity posters and folding pages of business outlets.
China Agricultural Bank Of China Limited(601288) : Announcement on the bidding results of February 14 for the additional issuance of the sixth and eighth financial bonds of 2021 by the Agricultural Development Bank of China
From February 15 to February 16, 2022, the bank will sell the sixth (additional) and eighth (additional) financial bonds of Agricultural Development Bank of China in 2021 (the bonds are referred to as “21 agricultural development 06” and “21 agricultural development 08”).
During the distribution period (February 15-february 16), the codes of our distribution bonds are 210406×3 and 210408×1. The codes of 210406×3 and 210408×1 of additional bonds issued on the first day of listing (February 21) after the distribution period will be changed to 210406 and 210408.
21. IFAD 06 is a 3-year fixed rate bond with a remaining term of 2.42 years and pays interest annually. Referring to the bidding results of the inter-bank bond market on February 14, 2022, the yield to maturity of the current bond is 2.3884%, and the full price is 102.51 yuan / share.
21. IFAC 08 is a five-year fixed rate bond with a remaining term of 4.48 years and pays interest annually. Referring to the bidding results of the inter-bank bond market on February 14, 2022, the yield to maturity of the current bond is 2.6797%, and the full price is 102.84 yuan / share.
The funds raised in this issuance are mainly used to support national food security, consolidate and expand the key achievements in poverty alleviation, effectively connect with rural revitalization, agricultural modernization, agricultural and rural construction, regional coordinated development and ecological civilization construction.
The bonds are sold to individual customers and corporate customers (including enterprises, government institutions, etc.) who have not opened an account in the inter-bank bond market. Customers are welcome to participate in the subscription through our business outlets, personal online banking, personal palm banking and other channels. The business processing time is from 10:00 a.m. to 16:30 p.m. on weekdays, The minimum subscription unit is one copy (corresponding to the face value of the bond of 100 yuan). The number of subscription copies is increased by an integral multiple. There is no upper limit for subscription. First come, first served and sold out!
