China to issue 15 bln yuan book-entry T-bonds, 30 bln yuan certificate T-bonds next week

October 12,2009 Editor:AT0086.com| Resource:xinhuanet.com

FavoriteMy Favorite

China will issue 15 billion yuan (2.2 billion U.S. dollars) of book-entry treasury bonds and 30 billion yuan of certificate treasury bonds next week, the Ministry of Finance said Friday
BEIJING, Oct. 9 (Xinhua) -- China will issue 15 billion yuan (2.2 billion U.S. dollars) of book-entry treasury bonds and 30 billion yuan of certificate treasury bonds next week, the Ministry of Finance said Friday.

    The book-entry treasury bonds, with a term of 91 days, will begin three-day sales on Oct. 12. The T-bonds will be sold at an issue price of 99.697 yuan with an annual interest rate of 1.25 percent.

    The interests of the T-bonds will be calculated on Oct. 12 and become tradable on Oct. 16.

    The ministry said it would issue 30 billion yuan of certificate T-bonds, the fifth batch this year, from Oct. 15 to 31 this year.

    The bonds include 15 billion yuan of one-year bonds with a fixed annual interest rate of 2.60 percent and 15 billion yuan of three-year bonds with an annual interest rate of 3.73 percent.

    Interest would be calculated from the day of purchase. Principal and interest would be paid upon maturity, the ministry said.

View all comments

  • Your comments
  • I'mguest,click here if not.
  • Express your idea in short *
  • Have more to say?
  • Comments only represent personal attitudes. China Service Mall does not approve or verify all comments.