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Home / Metal News / China to Issue 28b Yuan of 30-Year Bonds

China to Issue 28b Yuan of 30-Year Bonds

iconAug 16, 2010 11:14

BEIJING, Aug. 16 -- China's Ministry of Finance (MOF) said Friday it will sell 28 billion yuan ($4.13 billion) of 30-year book-entry Treasury bonds next week.

The bonds will have a fixed annual interest rate of 3.96 percent and interest will be paid every half year, the ministry said in a statement on its website.

The bonds will be sold to the public from August 16 until August 18. They will become tradable on August 20 through the national inter-bank bond market and over the counter at designated commercial banks.

The bonds will be the fourth batch of 30-year government bonds to be issued this year and the 26th batch of book-entry government bonds.
 

 

0-year book-entry Treasury bonds
Ministry of Finance
MOF
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