China's Ministry of Finance (MOF) issued on Wednesday 30 billion yuan worth of 3-year T-bonds at annualized yield of 2.8625 percent.
Statistics from China Government Securities Depository Trust & Clearing Co. showed that yield on the 3-year fixed interest rate T-bonds traded on the domestic interbank market stood at 2.9376 percent.
Market players disclosed that the subscription ratio reached 1.69 times the volume offered.
This is the second additional issue of the 12th batch of book-entry coupon bearing T-bonds offered by the ministry in 2015, with the value date and circulation date on June 11 and September 2 respectively.
Latest comments