Bonds News
- China to issue 28 bln-yuan book-entry T-bonds next week
Date: 6-Sep-2007 Sources: (People's Daily)
China will issue 28 billion yuan of book-entry treasury bonds from September 13, the Ministry of Finance (MOF) said in a statement on Wednesday.
The one-year T-bonds, with a fixed annual yield yet to be published, will be sold via the national inter-bank bond market and stock markets between September 13 and 18, and tradable from September 20. The bonds will be repaid on September 13, 2008.
This is the 16th batch of book-entry T-bonds to be issued by the MOF this year. China issued book-entry treasury bonds totaling 652.72 billion yuan in 2006, 150 billion yuan more than the 2005 figure.
(one U.S. dollar is equal to 7.55 yuan)
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