China's finance ministry to sell 28 bln yuan 5-yr treasury bonds next week |
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Published
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Sun, 14 Oct 2007 20:53
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BEIJING (XFN-ASIA) - China's Ministry of Finance announced that it will sell at least 28 bln yuan in five-year treasury bonds next week.The coupon rate on the bonds will be set through an auction to be held on Oct 19 and the bonds will start trading on Oct 29.Its last five-year bonds auctioned in late April fetched a coupon rate of 3.18%.Five-year treasury bonds were yielding 3.9348% in the secondary market yesterday.mni/xfnxfnkmCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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