Markets

China fin min auctions 3-mth bills at 2.0747pc yield, 6 month at 2.1488pc

Published April 15, 2016 Updated April 15, 2016 04:17am

1 min

By Shoaib Ur Rehman

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SHANGHAI: China's Ministry of Finance auctioned 10 billion yuan ($1.54 billion) each of three-month bills and six-month bills in the interbank market on Friday at average yields of 2.0747 percent and 2.1488 percent, respectively, traders said.

The auction yield for three-month bills came in below Thursday's benchmark secondary market yield of 2.1461 percent for three-month government bills.

The auction yield for six-month bills came in below Thursday's benchmark secondary market yield of 2.1691 percent.

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