Markets

China to sell around 50bn yuan retail bonds

SHANGHAI : China 's Ministry of Finance said on Tuesday it would sell up to 50 billion yuan ($7.9 billion) of deposit s

Published March 6, 2012 Updated March 6, 2012 10:36am

1 min

By Muhammad Iqbal

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The issue will comprise up to 35 billion yuan three-year bonds, paying a coupon of 5.58 percent, and up to 15 billion yuan of five-year bonds, paying a coupon of 6.15 percent, the ministry said in a statement published on the website for China's major bond issues

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