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China to issue 3.3-bln-dollar treasury bonds |
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21:50, November 21, 2008 |
The Ministry of Finance (MOF) on Friday said the 22nd batch of book-entry treasury bonds for this year would be issued next week, with a total value of 22.5 billion yuan (3.29 billion U.S. dollars).
The ministry said in a statement the issue period would last from Nov. 24 to 26. The seven-year bonds have a fixed annual yield of 2.71 percent.
Interest will be calculated from Nov. 24 and paid annually. The principal will be paid at maturity.
The issue will bring China's book-entry T-bonds this year to more than 1 trillion yuan.
Source: Xinhua
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