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China to sell 28 bln yuan of 10-year book-entry T-bonds from Thursday

06-24-2010 11:23 BJT

BEIJING, June 23 (Xinhua) -- China's Ministry of Finance (MOF) said Wednesday it will sell 28.01 billion yuan (4.1 billion U.S. dollars) of 10-year book-entry Treasury bonds from Thursday.

The bonds will pay a fixed annual interest rate of 3.41 percent, the ministry said in a statement.

Interest on the bonds will be paid semi-yearly from June 24.

The bonds will be sold on the national inter-bank bond market and stock market from June 24 to June 28 and become tradable June 30.

The sale is the MOF's 19th issue of book-entry Treasury bonds this year.

Editor:Du Xiaodan |Source: Xinhua

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