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China to issue 50B yuan certificate T-bonds

(Xinhua)
Updated: 2009-06-09 19:39

BEIJING - China's Ministry of Finance announced Tuesday it would issue 50 billion yuan (US$7.32 billion) of certificate T-bonds, the third batch this year, from June 15 to 30.

Related readings:  China to issue 16.9b yuan local bonds, 30b yuan T-bonds next week  China to issue $4b treasury bonds

The bonds include 40 billion yuan of three-year bonds with a fixed annual interest of 3.73 percent, and 10 billion yuan of five-year bonds with four percent annual interest.

Interest would be calculated from the day of purchase. Principal and interest would be paid upon maturity, the ministry said.