ADB Issues 2-Year Bond: CNY 4 B, Yield 1.3512%, vs. Expected 1.3700%, Bid Cover 3.24x, Marginal Cover 2.67x
The Agricultural Development Bank of China issued two 2-year bonds: one with a size of RMB 4 billion, coupon rate 1.3512% (expected 1.3700%), bid coverage ratio 3.24x, and marginal coverage ratio 2.67
VolFlash analysis
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Horizon Intraday
VolFlash engine · 10279ms
ADB 2-year bond issued below expectations with strong bid coverage
- Coupon printed below forecast; both issues saw high bid-to-cover ratios
| 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
Watchlist
- DR007
- 10-year CGB yield
- AAA 1-year corporate bond spread
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Published：2026-11-10 07:06:00 · Source：wallstcn · Automatically aggregated and analysed — verify against the original source.