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China to issue 40b yuan certificate T-bonds in August

(Xinhua)
Updated: 2009-08-11 14:37

China's Ministry of Finance announced Monday it would issue 40 billion yuan ($5.86 billion) in certificate T-bonds, the fourth batch this year, from August 17 to 31.

Related readings:  China to float two batches of book-entry T-bonds  China to float $4b book-entry T-bonds this week  China to issue $3.8b of book-entry T-bonds

The bonds include 20 billion yuan of three-year bonds with a fixed annual interest of 3.73 percent, and 20 billion yuan of one-year bonds with 2.6 percent annual interest.

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