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China's Ministry of Finance will sell around 28 billion yuan of 10-year book-entry Treasury bonds from today.
The ministry says the bonds will pay a fixed annual interest rate of 3.41 percent. Interest on the bonds will be paid twice yearly from June 24th. The bonds will be sold on the national inter-bank bond market and stock market from June 24th to June 28th, and become tradable June 30th.
The sale is the Ministry of Finance's 19th issue of book-entry Treasury bonds this year.