|
China's Ministry of Finance announced Monday it has completed the public bidding for the issuance of 30 billion yuan-worth of book-entry treasury bonds, the 12th of its kind the ministry issued this year.
The interest rate of the treasury bonds has been set, through the bidding, at 3.65 percent annually, the ministry said in a statement posted on its official website.
The interest of the T-bonds, which has a mature term of 15 years, will be paid every six months, the ministry said.
The new bonds will be available to investors on the national bond and stock markets as of Nov. 15 and until Nov. 18, it said.
They will be traded and repurchased on the national interbank bonds and stock markets as of Nov. 24.
(Xinhua News Agency November 15, 2005)
|
