Business & Finance

China's finance ministry sells 3-month bills at 2.1092pc

SHANGHAI: China's Ministry of Finance auctioned 12 billion yuan ($1.

Published November 25, 2016 Updated November 25, 2016 07:44am

1 min

By Parvez Jabri

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SHANGHAI: China's Ministry of Finance auctioned 12 billion yuan ($1.74 billion) of three-month bills in the interbank market on Friday at an average yield of 2.1092 percent, traders said.

The auction yield for the three-month bills came in below Thursday's benchmark secondary market yield of 2.1499 percent for three-month government bills.

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