| Author | Message | | Athena | | Posted: Sat Jun 20, 2009 11:52 pm Post subject: China to float 10-year book-entry T-bonds this week |
| China to float 10-year book-entry T-bonds this week
www.chinaview.cn 2009-06-17 19:46:57
BEIJING, June 17 (Xinhua) -- China's Ministry of Finance (MOF) said Wednesday it would issue 28.27 billion yuan (4.13 billion U.S. dollars) of 10-year book-entry T-bonds, the 12th batch of its type this year.
The bonds have a fixed annual interest rate of 3.09 percent. The sales period will run from June 18-22 and the bonds will be tradable June 24, said the MOF in a statement.
Interest will be paid twice a year, with the principal paid on maturity. | |  | | | ©2002-2009 WarWithoutEnd.co.uk | 
