Markets
China to sell around 50bn yuan retail bonds
SHANGHAI : China 's Ministry of Finance said on Tuesday it would sell up to 50 billion yuan ($7.9 billion) of deposit s
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SHANGHAI: China's Ministry of Finance said on Tuesday it would sell up to 50 billion yuan ($7.9 billion) of deposit savings bonds to retail investors between March 10-23.
The issue will comprise up to 35 billion yuan three-year bonds, paying a coupon of 5.58 percent, and up to 15 billion yuan of five-year bonds, paying a coupon of 6.15 percent, the ministry said in a statement published on the website for China's major bond issues
Copyright Reuters, 2012
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