China begins to offer first batch of 15-year treasuries involving RMB12 bln

China began to offer 15-year treasuries of about RMB12 bln. It was the first time for China to offer the treasuries with such a long time limit. 

The interest rate of this batch of treasuries was 4.69% and the sales mentioned above would be finished on June 12.

It was said in the previous time that RMB150 bln would be issued this year.

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