皇冠体育app

Money

皇冠体育app to issue 28b yuan of 20-yr T-bonds from Sept 2

(Xinhua)
Updated: 2010-09-02 10:27
Large Medium Small

BEIJING - 皇冠体育app's Ministry of Finance said Wednesday it will sell 28 billion yuan ($4.12 billion) of 20-year book-entry treasury bonds from Thursday.

More stories:
皇冠体育app to issue 28b yuan of 20-yr T-bonds from Sept 2 皇冠体育app to sell 35.8b yuan local govt bonds
皇冠体育app to issue 28b yuan of 20-yr T-bonds from Sept 2 
皇冠体育app to issue 28b yuan of 20-yr T-bonds from Sept 2 皇冠体育app starts selling $2.87b of 3-yr local govt bonds

The bonds will have a fixed annual interest rate of 3.82 percent, the ministry said in a statement on its website.

Interest will be paid on the bonds every half year.

The bonds will be sold to the public from Sept 2 to Sept 6 and become tradable on Sept 8 through the national inter-bank bond market and over the counter at designated commercial banks.

The bonds will be the second of their kind issued in 2010. The ministry sold the previous batch in April at a yield of 3.96 percent.