Core Points - China Agricultural Bank announced the issuance of "2025 Ningxia Hui Autonomous Region Government General Bonds (Phase Five)" on October 24, 27, and 28, 2025 [1] - The bonds, with a code of "2571162," are three-year fixed-rate bonds with an annual interest rate of 1.7300% and a face value of 100.00 yuan per bond [1] - The funds raised will be used for public welfare projects in transportation and municipal sectors [1] Summary by Sections - **Bond Details** - The bond is named "25 Ningxia Bond 39" and has a maturity of three years [1] - The total price for the bond is set at 100.00 yuan per unit, with a minimum subscription unit of one bond [1] - **Subscription Information** - Eligible investors include individual investors, financial institutions, and non-financial institutions in Ningxia Hui Autonomous Region [1] - Subscription can be made through various channels including mobile banking, online banking, and bank branches, with no upper limit on the number of bonds that can be purchased [1] - **Interest Payment and Tax Exemption** - The Ningxia Hui Autonomous Region Finance Department is responsible for the repayment of principal and interest [2] - Interest income from the bonds is exempt from corporate income tax and personal income tax according to regulations [2] - **Investor Protection** - Central Government Securities Registration and Settlement Co., Ltd. provides account verification services for investors [2]

Core Points - China Agricultural Bank plans to issue "2025 Ningxia Autonomous Region Government General Bonds (Phase Five)" with a maximum issuance amount of 0.23 billion yuan [1] - The bonds are fixed-rate with a three-year maturity, and the coupon rate will be determined on the auction date [1][2] - The funds raised will be used to support public welfare projects in transportation and municipal sectors [2] Issuance Details - The bond issuance will take place on October 24, 27, and 28, 2025, with the auction date set for October 23, 2025 [1] - The bonds will have an interest payment date on October 29, 2026, and a redemption date on October 29, 2028 [1] - The minimum subscription unit is one bond (face value of 100 yuan), with no upper limit on subscriptions [2] Investor Information - The bonds are available for individual investors and financial/non-financial institutions that meet the signing conditions in Ningxia [2] - Interest income from the bonds is exempt from corporate and personal income tax according to regulations [2] - Central National Debt Registration and Settlement Co., Ltd. will provide account verification services for investors starting from the listing date [3]