China's Ministry of Finance (MOF) issued on Monday 26 billion yuan worth of 20-year T-bonds at annualized yield of 3.74 percent.
Statistics from China Government Securities Depository Trust & Clearing Co. showed that yield on the 20-year fixed interest rate T-bonds traded on the domestic interbank market stood at 3.674 percent.
Market players disclosed that the subscription ratio reached 1.70 times the volume offered. This is the 21st batch of book-entry coupon bearing T-bonds offered by the ministry in 2015, with the value date and circulation date on September 22 and September 28 respectively.
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