China’s Agricultural Development Bank, a rural policy bank, issued 23 billion yuan (about US $3.25 billion) in bonds to support rural development.
According to China’s Xinhua news agency, on Saturday, bonds are intended to support supply and stabilize prices of grain and other important agricultural products.
More than 15 trillion yuan in bonds have been issued in China since 2004 and, as China’s only agricultural policy bank, has provided credit support to agriculture and rural areas, focusing on key areas, weak linkages, areas emerging from poverty and facilitating the allocation of resources to rural areas.
In the next phase, the Bank will provide more distinctive and diversified bond products in domestic and foreign capital markets to attract more investment in rural recovery.
GOOGL 
AMZN 
MET 
T 
WPM 
DM 
SVM 
CMC 
HKDUSD=X 
BABA 