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 SHANGHAI: China Development Bank auctioned 10 billion yuan ($1.5 billion) of 30-year fixed-rate bonds in the interbank market on Wednesday at a yield of 4.8087 percent, traders said, within market forecasts.

Market forecasts had centred around 4.81 percent and ranged from 4.76 to 4.87 percent.

CDB also auctioned 20 billion yuan of five-year fixed-rate bonds in the interbank market at a yield of 3.99 percent, at the low end of market forecasts.

Market forecasts had centred around 4.02 percent and ranged from 3.99 to 4.08 percent.

Copyright Reuters, 2011

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