Arab Today, arab today china floats 30bn yuan in tbonds
Last Updated : GMT 03:52:24
Arab Today, arab today
Arab Today, arab today

China floats 30bn yuan in T-bonds

Arab Today, arab today

Arab Today, arab today China floats 30bn yuan in T-bonds

Beijing - XINHUA

The Ministry of Finance will float 30 billion yuan (4.76 billion U.S. dollars) in one year book-entry treasury bonds on Thursday. The bonds, the second of their kind issued this year, carry a fixed annual interest rate of 2.81 percent, the ministry said in a statement on Wednesday. Interest on the bonds will be paid annually, while the principal will be returned upon maturity on Jan. 17, 2014, according to the statement. The bonds will be sold from Jan. 17 to 21 and become tradable on exchange markets starting on Jan. 23, it said.

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Arab Today, arab today china floats 30bn yuan in tbonds Arab Today, arab today china floats 30bn yuan in tbonds

 



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