Markets

China 10-year bonds auctioned at 4.07pc

SHANGHAI : China 's Ministry of Finance auctioned 30 billion yuan ($4.7 billion) of reopened 10-year bonds in the inter
Published September 21, 2011 Updated September 21, 2011 05:13am

Market forecasts had centred around 4.10 percent and ranged from 4.05 to 4.15 percent.

The auction yield came in slightly below Tuesday's indicative secondary market bid yield of 4.0870 percent for 10-year government bonds .

 

Copyright Reuters, 2011