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BIZCHINA> Top Biz News
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China to float $3.66b T-bonds
(Xinhua)
Updated: 2009-09-05 17:12 China's Ministry of Finance announced Friday it would issue two batches of book-entry treasury bonds with a face value of 25 billion yuan ($3.66 billion) next week.
The other batch, with a face value of 15 billion yuan, will have a term of 273 days, and an issue price set at 98.992 yuan for 100 yuan, with an annual interests of 1.37 percent. The T-bonds will begin three-day sales on September 7, with interest calculated on the same day. They will become tradable on September 11. (For more biz stories, please visit Industries)
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