Thousands of residents queued in front of bank counters to buy new treasury
bonds today as China began to issue 60 billion yuan (US$7.23 billion) worth of treasury
bonds.This is the second batch of certificate treasury bonds issued this year.
The issuance includes 12 billion yuan (US$1.45 billion) worth of two-year bonds with
annual interest rate at 2.55 percent, 30 billion yuan (US$3.61 billion) worth of
three-year bonds with annual interest rate at 2.89 percent, and five-year bonds amounting
to 18 billion yuan (US$2.17 billion) with annual interest rate at 3.14 percent.
The bonds is available to individuals at commercial banks all over China till June 30. |
