China is scheduled to issue 30.56 billion yuan (US$3.82 billion)
worth of treasury bonds as of Thursday, the Ministry of Finance
announced Wednesday.
The seven-year bonds, the sixth batch of the treasury bonds this
year, will go on the national inter-bank bond market and securities
exchange market from May 25 to 30, according to a statement on the
ministry's website.
With face values totaling 30 billion yuan, the bonds, carrying a
fixed annual interest rate of 2.62 percent, will be floated, and
quoted on the inter-bank bond market and Shanghai and Shenzhen
stock exchanges for trading in cash and repurchase from June 5.
The ministry said the bonds would be available to investors with
accounts for stock and fund investment until May 30 or at outlets
of the Industrial and Commercial Bank of China, the Agricultural
Bank of China, the Bank of China and the China Construction Bank as
of June 5.
(Xinhua News Agency May 25, 2006)
