BEIJING, Aug. 24 -- China began selling 19.5 billion yuan (about 2.87 billion U.S. dollars) of three-year local government bonds on Tuesday, the sixth sale of such bonds this year.
6 T @4 L9 W! P! \ The Ministry of Finance (MOF) is issuing the bonds on behalf of five provinces and municipalities -- Hebei, Shanghai, Shenzhen, Guizhou and Shaanxi.& ^8 t( W7 T9 q5 _7 A# F
The bonds pay a fixed annual interest rate of 2.37 percent, the MOF said in a statement on its website.% g2 L& V: D3 b% |+ \0 Y( g* M8 S( X) R
The bonds will be sold on the national inter-bank bond market and the stock market between Aug. 24 and Aug. 26 and become tradeable on Aug. 30.
+ a: w2 A: S( z5 d! P# w' X China has sold 133.5 billion yuan (19.63 billion U.S. dollars) of local government debt so far this year., h2 A* Y& H- X' T4 u- X0 L
The central government plans to sell 200 billion yuan (29.41 billion U.S. dollars) of local government debt in 2010.: c% ], c: z. ], q. Y# f5 u7 _, S
The MOF began issuing local government bonds last year to help finance its 4-trillion-yuan stimulus package. |
发表于 2012-8-16 08:12:37
