Bond

Issued by the Ministry of Finance of the People's Republic of China (the "MOF") within the territory of China, this category of savings bonds are RMB-denominated, non-tradable debt securities. They are distributed by commercial banks to individual investors. The obligatory rights and obligations are recorded electronically only. Such bonds are registered bonds and exclusively sold to individual investors. Each customer is limited to opening only one account of this type. Additionally, there is an upper limit on the purchase amount. Finally, these bonds can be purchased in the issue period only and cannot be traded on the market. However, redemption before maturity is permissible. Investors must purchase such bonds in a minimum amount of RMB100 per purchase or in an integral multiple of RMB100 per purchase. more 》

With fixed face value and interest rate,Document-based Savings Bonds are issued by the Ministry of Finance of the People's Republic of China (PRC) and the obligatory rights are recorded in paper-based payment voucher. Interest of such bonds is accrued from the date of purchase. Although untradable and untransferable, these bonds can be registered and reported for loss. A redemption before maturity is also allowed, and the principal and interest calculated according to the holding period and applicable interest rate will be paid. more 》

In accordance with the policy of the People's Bank of China authorizing enterprises and institutions to enter the inter-bank bonds market by agency settlement, the Agricultural Bank of China has developed the Bond Market Express service to provide our customers access to the bonds market and services related to bonds asset operation. more 》