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BIZCHINA> Top Biz News
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China to float over $4b T-bonds
(Xinhua)
Updated: 2009-09-03 06:52 Chinese Ministry of Finance announced in Beijing Wednesday that it will issue a new batch of book-entry treasury bonds worthy of 28.54 billion yuan ($4.20 billion) this week, which is the 21th of its kind ever launched by the ministry this year. According to a statement from the ministry, this batch of T-bonds, with a term of one year, has a fixed annual interests rate of 1.46 percent.
According to the ministry, the bonds will become tradable on September 9 through the national inter-bank bond market and over the trial counters of the designated commercial banks. (For more biz stories, please visit Industries)
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