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ABC Issues RMB40B Special Financial Bonds for 'Farmers, Villages, Agriculture' Policy
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ABC (01288.HK) (601288.SH) recently issued RMB40 billion special financial bonds for "farmers, villages, agriculture" policy in the interbank market.

Among them, RMB30 billion was issued for a term of three years at an interest rate of 1.74%, while RMB10 billion was issued for a term of five years at an interest rate of 1.84%.

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This bond issuance received an enthusiastic market response, setting a record for the largest special financial bond issuance for the policy.

It is understood that the theme of this bond is to serve urban-rural integrated development, which closely aligns with ABC's main responsibility and business of serving rural revitalization.

The funds raised will be fully used for issuing agricultural-related loans in areas such as urban-rural integrated infrastructure.

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