China to Issue 30 bln Yuan of Book-Entry T-bonds -Shanghai Metals Market

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China to Issue 30 bln Yuan of Book-Entry T-bonds

Data Analysis 10:22:51AM Mar 24, 2011 Source:SMM

BEIJING, Mar. 24 -- China's Ministry of Finance(MOF) said Wednesday it will sell 30 billion yuan (4.57 billion U.S. dollars) worth of book-entry treasury bonds starting Thursday.

The one-year bonds carry a fixed interest rate of 2.8 percent and will be sold to the public from March 24 to March 28, according to a statement posted on the MOF website.

The bonds, the ministry's ninth issue of book-entry treasury bonds this year, can be traded in exchange markets starting March 30 and interest on the bonds will be paid upon maturity on March 24, 2012, the ministry said.

 

Key Words:  Macro control policy 

China to Issue 30 bln Yuan of Book-Entry T-bonds

Data Analysis 10:22:51AM Mar 24, 2011 Source:SMM

BEIJING, Mar. 24 -- China's Ministry of Finance(MOF) said Wednesday it will sell 30 billion yuan (4.57 billion U.S. dollars) worth of book-entry treasury bonds starting Thursday.

The one-year bonds carry a fixed interest rate of 2.8 percent and will be sold to the public from March 24 to March 28, according to a statement posted on the MOF website.

The bonds, the ministry's ninth issue of book-entry treasury bonds this year, can be traded in exchange markets starting March 30 and interest on the bonds will be paid upon maturity on March 24, 2012, the ministry said.

 

Key Words:  Macro control policy