China finance ministry to auction 29bn yuan of 2-year bonds on April 18

BEIJING: China's finance ministry said on Wednesday it would auction 29 billion yuan ($4.62 billion) of 2-year bonds on April 18.

After the auction, the bonds will be issued from April 18 to April 19, and start trading on the secondary market on April 23, the ministry said on its website.

The finance ministry will also auction 37 billion yuan of 5-year bonds on April 18.

After the auction, the bonds will be issued from April 18 to April 19, and start trading on the secondary market on April 23.