China's Ministry of Finance (MOF) said Wednesday it would issue 28.27 billion yuan (4.13 billion U.S. dollars) of 10-year book-entry T-bonds, the 12th batch of its type this year.
The bonds have a fixed annual interest rate of 3.09 percent. The sales period will run from June 18-22 and the bonds will be tradable June 24, said the MOF in a statement.
Interest will be paid twice a year, with the principal paid on maturity.
Source: Xinhua
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