China's Finance Ministry Expects T-Bonds To Sell Well 　　Treasury bonds that will be issued from July 16 to August 31 are expected to be received with enthusiasm by investors, according to a Finance Ministry official. 　　The official says that the 50 billion yuan worth of T-bonds are exclusively for private investors and have interest rates 0.32 percentage points higher than for 3-year savings deposits and 0.37 percentage points higher than for 5-year savings deposits. 　　China cut interest rates on savings accounts since May and Chinese have been less likely to put their money into savings accounts, he says, so the T-bonds should be an attractive item. 　　This is the second time for the Ministry of Finance to issue T- bonds exclusively for private investors this year. At the first issue in March, the bonds sold much sooner than was expected. 　　The ministry has increased the number of outlets for them this time and is allowing some post offices to sell them. 　　China has issued 163.4 billion yuan worth of T-bonds since the beginning of the year, 100 billion yuan of them for private investors. 　　The official says that the Ministry will issue more in the second-half. (Xinhua) Economicnews 1999-07-16 Page5 Full Story in Chinese