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Agricultural Bank of China Redeems 2020 Tier 1 Capital Bonds

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Agricultural Bank of China Redeems 2020 Tier 1 Capital Bonds

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Agricultural Bank of China ( (HK:1288) ) has provided an announcement.

Agricultural Bank of China Limited has announced the redemption of its 2020 undated additional tier 1 capital bonds, initially issued at a size of RMB35.0 billion in the National Interbank Bond Market. With approval from the National Financial Regulatory Administration, the bank exercised its redemption rights, completing the process on 25 August 2025, which may impact its financial strategy and stakeholder interests.

The most recent analyst rating on (HK:1288) stock is a Buy with a HK$6.10 price target. To see the full list of analyst forecasts on Agricultural Bank of China stock, see the HK:1288 Stock Forecast page.

More about Agricultural Bank of China

Agricultural Bank of China Limited is a joint stock company incorporated in the People’s Republic of China, operating within the financial services industry. It primarily focuses on providing banking services, including the issuance of capital bonds, to a diverse market.

Average Trading Volume: 129,882,817

Technical Sentiment Signal: Buy

Current Market Cap: HK$2700.4B

See more insights into 1288 stock on TipRanks’ Stock Analysis page.

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