MOF to float RMB 40 bln in certificate T-bonds in Aug
Published: 11 Aug 2009 22:28:51 PSTAug. 12, 2009 (China Knowledge) - China's Ministry of Finance on Monday announced that it plans to sell RMB 40 billion worth of certificate treasury bonds from Aug. 17 to Aug. 31. The bonds, this year's fourth batch, comprise RMB 20 billion in one-year bills with a coupon rate of 2.60% and RMB 20 billion in three-year notes with a fixed annual interest of 3.73%, said the MOF in a statement published on its website. Interest on the bonds will be calculated on the purchase date. Principal and interest will be paid when the bonds mature, according to the statement. Copyright © 2009 www.chinaknowledge.com |
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