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July 7, 2011

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Home » Business » Finance

Bond issue

THE Ministry of Finance said yesterday it will sell 30 billion yuan (US$4.64 billion) worth of book-entry treasury bonds this week.

The 30-year bonds have a fixed annual interest rate of 3.7 percent, the ministry said.

The bonds will be sold from today to next Monday and become tradable on exchange markets starting July 13.

Interest on the bonds will be paid annually while the principal will be returned upon maturity on July 7, 2018.



 

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