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CN MOF: RMB50B LT Special National Bonds Complete Bidding w/ 2.1% Interest Rate
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The bidding for RMB50 billion long-term special government bonds has been completed, according to China's Ministry of Finance (MOF). The national bonds have a maturity period of 50 years, with a coupon rate set at 2.1%. The issuance of national bonds will aid in optimizing the debt structure and provide stable investment options. The issuance of special national bonds began to accrue interest yesterday (25th), and will be distributed today (26th), with trading to officially commence on Wednesday (28th). AASTOCKS Financial News Website: www.aastocks.com |
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