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China to issue 50b yuan of certificate treasury bonds

(Xinhua)
Updated: 2010-02-24 08:55
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BEIJING: China will issue 50 billion yuan ($7.32 billion) of certificate treasury bonds next week, the Ministry of Finance said Tuesday.

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The certificate treasury bonds, the first batch this year, will be sold from March 1 to 21.

The bonds include 25 billion yuan of one-year bonds with a fixed annual interest rate of 2.60 percent and 25 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.

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