Statistics

China regional govt 3-yr bonds sold at 2.33%

(Agencies)
Updated: 2010-07-16 15:36

China's finance ministry auctioned 23.2 billion yuan ($3.43 billion) of three-year bonds on behalf of seven regional governments at a yield of 2.33 percent, traders said on Friday.

Related readings:  Economist warns of size of public debts  Govt bonds decline on inflation report jitters  Long-term govt bonds a 'bad bet'

The result compares with a 2.77 percent yield on 28.6 billion yuan of bonds with the same tenor sold on June 18 for regional governments of Xinjiang, Qinghai, Jiangxi, Hubei, Chongqing, Xiamen, Gansu, Guangxi and Hunan.

 

 

 

Following are the allocations details for Friday's local government bonds:

Region	Allotment(in billion yuan)
Qingdao?	0.5
Yunnan	5.2?
Hainan	1.7
Fujian?	3.3
Beijing?	3.7
Shandong	4.0?
Guangdong?	4.8
Total	23.2?