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China MOF auctions RMB15 bln 182D T-bills at 2.3150pct yield Fri.

SHANGHAI

2015-09-11 15:57

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China's Ministry of Finance (MOF) auctioned 15 billion yuan 182-day Treasury bills among 3.11 times of subscription on Friday.

The product was sold at a discounted price, likely to yield 2.3150 percent of returns for buyers, which, however, still stood higher than the 2.2996 percent for comparable products in secondary trading on Thursday.

According to MOF, the product's value date is September 14 and will be available for secondary trading as from September 18. It will expire on March 14, 2016.

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China MOF auctions RMB15 bln 182D T-bills at 2.3150pct yield Fri.

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China MOF auctions RMB15 bln 182D T-bills at 2.3150pct yield Fri.

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