The Agricultural Development Bank of China (ADBC), founded in 1994 and headquartered in Beijing, serves as a policy bank primarily focusing on supporting agricultural development and rural economic initiatives in China. ADBC offers a range of financial products and services, including loans, bank deposits, and investment services designed to facilitate the financing of agricultural projects and rural development.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
ADBC commenced its bond issuance activities in 2005, becoming a significant player in the domestic bond market. One of its notable issuances includes a 5-year bond worth RMB 20 billion in 2018, aimed at enhancing its funding for agricultural projects. Current yields on ADBC bonds typically reflect competitive rates within the industry, often benefiting from the backing of government policies that prioritize agricultural financing. Recent news highlights ADBC's efforts to diversify its bond offerings, including green bonds aimed at promoting sustainable agriculture, which has garnered increased investor interest.