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Fri,Dec 13,2013
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China to sell 15-bln-yuan T-bonds

(Xinhua)    19:10, December 13, 2013
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BEIJING, Dec.13 -- China's Ministry of Finance announced on Friday that it would auction 15 billion yuan's (2.45 billion U.S. dollars) worth of 91-day book-entry discount Treasury bonds on December 16.

This batch of T-bonds is the eighth of its kind offered by the ministry this year with a value date and circulation date on December 16 and December 18, respectively.

The short-term bonds will be issued on a discount basis at the price of 98.827 yuan for each bill with a face value of 100 yuan, which is equivalent to an annual coupon rate of 4.87 percent.

This is the last batch of national T-bonds to be launched this year, said the ministry.

(Editor:LiXiang、Huang Jin)

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