China will issue the 25th batch of book-entry treasury bonds worth 25.37 billion yuan (3.71 billion U.S. dollars) for this year starting next Monday, according to the Ministry of Finance.
The ministry said in a statement here on Friday the issue period would last from Dec. 15 to 17. The ten-year bonds have a fixed yield of 2.9 percent.
Interest will be calculated from Dec. 15 and be paid twice a year on every Jun. 15 and Dec. 15. Principal will be paid on Dec. 15, 2018 along with the last interest.
China has issued more than 1 trillion yuan worth of book-entry T-bonds this year.
(Xinhua News Agency December 12, 2008)
