Markets

China 30 year fin min bond yield at low end of forecasts

SHANGHAI : China's Ministry of Finance auctioned 28 billion yuan ($4.4 billion) of 30-year bonds in the interbank market
Published August 10, 2011 Updated August 10, 2011 04:16am

Market forecasts had centred around 4.58 percent and ranged from 4.50 to 4.65 percent.

The auction yield came in below Tuesday's indicative secondary market bid yield of 4.5826 percent for 30-year government bonds .

 

Copyright Reuters, 2011