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Zhejiang govt 3-year bonds sold at 3.01pc, 5-year at 3.24pc

Published Updated

yuanSHANGHAI: China's eastern Zhejiang province auctioned 3.30 billion yuan ($519 million) in three-year bonds at a yield of 3.01 percent and 3.40 billion yuan in five-year bonds at 3.24 percent, traders said.

That compared with a yield of 3.08 percent for three-year bonds auctioned by Guangdong's provincial government, and 3.29 percent for similar five-year bonds last week.

Copyright Reuters, 2011

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