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Thursday, March 11, 2010

Agricultural Development Bank Of China To Sell CNY15 Billion Bonds

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Dow Jones Newswires
     

    SHANGHAI -(Dow Jones)- Agricultural Development Bank of China said Friday it plans to auction CNY15 billion ($2.2 billion) worth of 10-year bonds on the interbank market March 19.

    The policy lender said in a statement it could increase the offering by up to CNY5 billion if there is sufficient demand.

    -Wang Ming contributed to this article; Dow Jones Newswires; (86-21) 6120-1200; ming.wang@dowjones.com

    Copyright © 2009 Dow Jones Newswires

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