Markets

China 7-year fin min bond yield 3.8737pc

SHANGHAI : China's Ministry of Finance auctioned 30 billion yuan ($4.7 billion) of seven-year bonds in the interbank mar
Published August 24, 2011 Updated August 24, 2011 04:44am

Market forecasts had centred around 3.87 percent and ranged from 3.85 to 3.90 percent.

The auction yield came in above Tuesday's indicative secondary market bid yield of 3.8432 percent for seven-year government bonds

 

Copyright Reuters, 2011