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China to Sell 28 bln Yuan of 10-yYear Book-Entry T-bonds from Thursday

SMM Morning Review - 2010/6/24 Aluminum Market

BEIJING, Jun. 24 -- China's Ministry of Finance (MOF) said Wednesday it will sell 28.01 billion yuan (4.1 billion U.S. dollars) of 10-year book-entry Treasury bonds from Thursday.
The bonds will pay a fixed annual interest rate of 3.41 percent, the ministry said in a statement.
Interest on the bonds will be paid semi-yearly from June 24.
The bonds will be sold on the national inter-bank bond market and stock market from June 24 to June 28 and become tradable June 30.
The sale is the MOF's 19th issue of book-entry Treasury bonds this year.
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