China to issue 50b yuan of certificate treasury bonds
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China will issue 50 billion yuan ($7.32 billion) of certificate treasury bonds next week, the Ministry of Finance said Tuesday.
The certificate treasury bonds, the first batch this year, will be sold from March 1 to 21. The bonds include 25 billion yuan of one-year bonds with a fixed annual interest rate of 2.60 percent and 25 billion yuan of three-year bonds with an annual interest rate of 3.73 percent.
Interest would be calculated from the day of purchase. Principal and interest would be paid upon maturity, the ministry said.
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