China's Ministry of Finance announced Monday it would issue 40 billion yuan (5.86 billion U.S. dollars) in certificate T-bonds, the fourth batch this year, from August 17 to 31.

The bonds include 20 billion yuan of three-year bonds with a fixed annual interest of 3.73 percent, and 20 billion yuan of one-year bonds with 2.6 percent annual interest.

Interest would be calculated from the day of purchase. Principal and interest would be paid upon maturity, the ministry said.

Source: Xinhua