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Sale of US$4.4b T-bonds
Source: Xinhua |
September 27, 2012, Thursday
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Print Edition
Print Edition
THE Ministry of Finance said yesterday it will sell 28 billion yuan (US$4.42 billion) in 20-year treasury bonds from today.
The batch, the 18th of its kind this year, carries a fixed annual interest rate of 4.1 percent, the ministry said in a statement on its website.
Interest on the bonds will be paid semiannually while the principal will be returned on maturity on September 27, 2032, the statement said.
The bonds will be sold today and tomorrow, and become tradable on exchange markets starting on October 8, the statement added.
The batch, the 18th of its kind this year, carries a fixed annual interest rate of 4.1 percent, the ministry said in a statement on its website.
Interest on the bonds will be paid semiannually while the principal will be returned on maturity on September 27, 2032, the statement said.
The bonds will be sold today and tomorrow, and become tradable on exchange markets starting on October 8, the statement added.
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