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Home / Metal News / China to Sell 28 bln Yuan of 10-yYear Book-Entry T-bonds from Thursday

China to Sell 28 bln Yuan of 10-yYear Book-Entry T-bonds from Thursday

iconJun 24, 2010 10:39

BEIJING, Jun. 24 -- China's Ministry of Finance (MOF) said Wednesday it will sell 28.01 billion yuan (4.1 billion U.S. dollars) of 10-year book-entry Treasury bonds from Thursday.

The bonds will pay a fixed annual interest rate of 3.41 percent, the ministry said in a statement.

Interest on the bonds will be paid semi-yearly from June 24.

The bonds will be sold on the national inter-bank bond market and stock market from June 24 to June 28 and become tradable June 30.

The sale is the MOF's 19th issue of book-entry Treasury bonds this year.

 

China economy macroeconomy
Ministry of Finance
MOF
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