BEIJING, July 30 -- China's Ministry of Finance (MOF) said Wednesday it will sell 28 billion yuan ($4.14 billion) of 30-year book-entry Treasury bonds this week.
The bonds have a fixed annual interest rate of 3.96 percent, the ministry said in a statement on its website.
The bonds will be sold from July 29 to August 2 and become tradable on the exchange markets from August 4.
Interest on the bonds will be paid twice a year.
The bonds will be the ministry's 23th issue of book-entry Treasury bonds this year.