ADB Issues 406-Day Bond for CNY 5 Billion at 1.2478%, Below 1.3000% Expectation; Bid-to-Cover Ratio 5.29x, Marginal Ratio 1.00x
The Agricultural Development Bank of China issued a 406-day bond with a size of RMB 5 billion, an issue rate of 1.2478%, a bid expectation of 1.3000%, a bid coverage ratio of 5.29x, and a marginal cov
VolFlash analysis
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Horizon Intraday
VolFlash engine · 10652ms
ADBC short-term bond issued below expected rate with strong demand
- Issue yield 1.2478% vs 1.3000% expectation; bid-to-cover 5.29x signals robust demand
| Asset | Bias | Rationale |
|---|---|---|
| No direct listed exposure identified — we do not map to an instrument when none is publicly tradable. | ||
🔒 2 more key points, asset bias and rationale are members-only · Unlock full analysis
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Published：2026-11-10 07:04:00 · Source：wallstcn · Automatically aggregated and analysed — verify against the original source.