China Issues 30 Bln Yuan in T-bonds -Shanghai Metals Market

Hot Keywords

  • Zinc
  • Aluminium
  • Copper scrap
  • Primary lead
  • Copper
  • Customs data
  • Market commentary
  • Nickel
  • price forecast
  • Futures movement
  • MMi Iron Ore Port Index
  • Inventory data
  • Secondary lead
  • Morning comments
  • Evening comments

China Issues 30 Bln Yuan in T-bonds

Data Analysis 10:05:36AM Apr 10, 2012 Source:SMM

BEIJING, April 9 (Xinhua) -- China's Ministry of Finance (MOF) announced Monday that it will sell 30 billion yuan (4.76 billion U.S. dollars) in seven-year book-entry treasury bonds.

This issuance is in addition to the ministry's fifth batch of book-entry treasury bonds this year that were floated in March, according to a statement posted on the ministry's website.

The interest rate for the bonds was fixed at 3.41 percent. Interest will be paid annually on March 8, while the seventh year's interest and principal will both be paid upon maturity on March 8, 2019, the ministry said.

The bonds will be sold between April 12 to April 16 and become tradable on exchange markets from April 18, according to the statement.

Key Words:  MOF  treasury bonds 

China Issues 30 Bln Yuan in T-bonds

Data Analysis 10:05:36AM Apr 10, 2012 Source:SMM

BEIJING, April 9 (Xinhua) -- China's Ministry of Finance (MOF) announced Monday that it will sell 30 billion yuan (4.76 billion U.S. dollars) in seven-year book-entry treasury bonds.

This issuance is in addition to the ministry's fifth batch of book-entry treasury bonds this year that were floated in March, according to a statement posted on the ministry's website.

The interest rate for the bonds was fixed at 3.41 percent. Interest will be paid annually on March 8, while the seventh year's interest and principal will both be paid upon maturity on March 8, 2019, the ministry said.

The bonds will be sold between April 12 to April 16 and become tradable on exchange markets from April 18, according to the statement.

Key Words:  MOF  treasury bonds