China Ministry of Finance to issue RMB 16 bln treasuries

It was reported by China mainland sources that China Ministry of Finance would issue 20-year fixed interest tallied treasuries at the end of this month. This batch of treasuries recorded the longest lifetime in the history of China with its interest rate to be decided through the way of bidding. The open bidding would be made on July 29. China Ministry of Finance issued RMB12 bln 15-year treasuries at the beginning of June.

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