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China to Issue 30 Bln Yuan Worth of T-bonds
China is scheduled to issue 30.56 billion yuan (US$3.82 billion) worth of treasury bonds as of Thursday, the Ministry of Finance announced Wednesday.
The seven-year bonds, the sixth batch of the treasury bonds this year, will go on the national inter-bank bond market and securities exchange market from May 25 to 30, according to a statement on the ministry's website.
With face values totaling 30 billion yuan, the bonds, carrying a fixed annual interest rate of 2.62 percent, will be floated, and quoted on the inter-bank bond market and Shanghai and Shenzhen stock exchanges for trading in cash and repurchase from June 5.
The ministry said the bonds would be available to investors with accounts for stock and fund investment until May 30 or at outlets of the Industrial and Commercial Bank of China, the Agricultural Bank of China, the Bank of China and the China Construction Bank as of June 5.
(Xinhua News Agency May 25, 2006)
The seven-year bonds, the sixth batch of the treasury bonds this year, will go on the national inter-bank bond market and securities exchange market from May 25 to 30, according to a statement on the ministry's website.
With face values totaling 30 billion yuan, the bonds, carrying a fixed annual interest rate of 2.62 percent, will be floated, and quoted on the inter-bank bond market and Shanghai and Shenzhen stock exchanges for trading in cash and repurchase from June 5.
The ministry said the bonds would be available to investors with accounts for stock and fund investment until May 30 or at outlets of the Industrial and Commercial Bank of China, the Agricultural Bank of China, the Bank of China and the China Construction Bank as of June 5.
(Xinhua News Agency May 25, 2006)
