Markets

China finance ministry to auction 1-year and 10-year bonds

Published July 27, 2016 Updated July 27, 2016 07:38am

1 min

By Parvez Jabri

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BEIJING: China's Ministry of Finance said on Wednesday that it would auction 35 billion yuan of 10-year bonds and 28 billion yuan of one-year bonds on Aug. 3.

After the auctions, both bonds would be issued from Aug. 3 to Aug. 4 and start trading on the secondary market on Aug. 8, the ministry said in separate statements.

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