Top 5 News From ChinaKnowledge.comSuning may buy into Japan's LaoxDigital China FY08/09 net profit up 59.84%Guangdong Foreign Trade buys 20.78% stake in Foshan PlasticsChina's coal imports hit 9.43 mln tons in MayUBS cuts shareholding in Maanshan Iron & SteelJun. 19, 2009 (China Knowledge) - China's Ministry of Finance (MOF) on Wednesday announced that it will issue RMB 28.27 billion worth of ten-year book-entry treasury bonds from Jun. 18 to Jun. 22.
The bonds, this year's 12th batch, will have a coupon rate of 3.09% and will become tradable on Jun. 24, said the MOF in a statement published on its website.
Interest will be calculated from the date of purchase and will be paid on Jun. 18 and Dec. 18 each year.
The principal and the interest for the last year will be paid on Jun. 18, 2019 when the bonds mature, according to the statement.