China Ministry of Finance (MOF) announced on Thursday that it would issue 30 billion yuan worth of 7-year T-bonds on August 19. This batch of T-bonds is the sequel for 14th one of its kind offered by the Ministry this year.
Hybrid bidding will be adopted as the tender mode. Interests will be paid annually, with the value date set on each July 9 from 2015 to 2022. The bonds, together with its counterparts offered previously, will go into circulation on August 26.
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