Markets
China Guangdong's 3 year bonds sold at 3.08pc, 5 year at 3.29pc
SHANGHAI: China's southern Guangdong province auctioned a total of 3.45 billion yuan ($543 billion) in three-year bonds
18 Nov 2011
SHANGHAI: China's southern Guangdong province auctioned a total of 3.45 billion yuan ($543 billion) in three-year bonds at a yield of 3.08 percent and 3.45 billion yuan in five-year bonds at 3.29 percent, traders said.
That compared with a yield of 3.10 percent for three-year bonds auctioned by the Shanghai government, and 3.30 percent for similar five-year bonds last week.
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