China's Ministry of Finance announced Tuesday it would issue 50 billion yuan (7.32 billion U.S. dollars) of certificate T-bonds, the third batch this year, from June 15 to 30.
The bonds include 40 billion yuan of three-year bonds with a fixed annual interest of 3.73 percent, and 10 billion yuan of five-year bonds with four 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
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