Home / Metal News / China to Issue $3.5b Treasury Bonds

China to Issue $3.5b Treasury Bonds

iconMar 1, 2010 00:00

BEIJING, Mar. 1-- China's Ministry of Finance (MOF) said Friday it would issue 24 billion yuan ($3.5 billion) of book-entry treasury bonds next week.

The three-day issue is scheduled to start on March 1, the MOF said in a statement posted on its website.

The bonds, with a term of 30 years, have a fixed annual interest rate of 4.08 percent to be paid out every half year, it said.

It will be the third time this year that the government has issued book -entry treasury bonds. The first two batches had terms of two years and ten years, respectively.
 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

SMM Events & Webinars

All