ecns [expanded by feedex.net]: China to float 50-year T-bonds at 4.67 pct yield

ecns [expanded by feedex.net]

ecns

China to float 50-year T-bonds at 4.67 pct yield
http://www.ecns.cn/business/2014/05-24/115708.shtml
May 24th 2014, 05:09





2014-05-24 14:09


China's Ministry of Finance (MOF) announced Friday a new batch of long-term book-entry treasury bonds worthy of 26 billion yuan (4.22 billion US dollars).


The bonds, with a term of 50 years, will be sold at an annual yield of 4.67 percent, said the ministry in a statement.


According to the statement, the bonds will be sold for three days from May 26,2014, and become tradable on May 30, with interest to be paid every half year.












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