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China to issue 50b yuan certificate T-bonds

(Xinhua)
Updated: 2009-06-10 13:50

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China's Ministry of Finance announced Tuesday it would issue 50 billion yuan ($7.32 billion) of certificate T-bonds, the third batch this year, from June 15 to 30.

The bonds include 40 billion yuan of three-year bonds with a fixed annual interest of 3.73 percent, and 10 billion yuan of five-year bonds with four percent annual interest.

Interest would be calculated from the day of purchase. Principal and interest would be paid upon maturity, the ministry said.