China's Ministry of Finance (MOF) issued on Friday 15 billion yuan worth of 182-day discount T-bills at annualized yield of 2.3150 percent. Statistics from China Government Securities Depository Trust & Clearing Co. showed that yield on the 182-day fixed interest rate T-bonds traded on the domestic interbank market stood at 2.2996 percent.
Market players disclosed that the subscription reached 3.11 times the volume offered. This is the 9th batch of book-entry discount T-bonds offered by the ministry in 2015, with the value date and circulation date on September 14 and September 18 respectively.
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