China 10-year fin min bond yield at 4.00pc, within forecasts

SHANGHAI: China's Ministry of Finance auctioned 28 billion yuan ($4.51 billion) of 10-year bonds in the interbank market on Wednesday at an average yield of 4.00 percent, as expected, traders said. Market forecasts had centred around 4.01 percent and ranged from 3.96 to 4.08 percent.

The auction yield came in near Tuesday's benchmark secondary market yield of 4.0540 percent for 10-year government bonds.