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BEIJING: China will sell 30 billion yuan ($4.76 billion) in deposit savings bonds to retail investors between April 10 and 23, the Finance Ministry said.
The issue comprises 21 billion yuan in three-year bonds paying a coupon of 5.58 percent and 9 billion yuan in five-year bonds with a coupon of 6.15 percent.
The coupon levels compare with an interest rate of 5.0 percent on three-year deposits and 5.5 percent on five-year deposits.