China to Issue More Bonds

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Tuesday, September 12, 2000, updated at 15:17(GMT+8)

Business

China to Issue More Bonds

China is to issue 80 billion yuan worth of treasury bonds on September 15, the Ministry of Finance announced Monday.

The T-bonds include 48 billion yuan worth of 3-year bonds and 32 billion yuan worth of 5-year bonds. The annual interest rate of the 3-year bonds is 2.89 percent, while that for the 5-year bonds is 3.14 percent.

The bonds will be sold to individual investors at commercial banks around the country from September 15 to December 15.


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	China is to issue 80 billion yuan worth of treasury bonds on September 15, the Ministry of Finance announced Monday.




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