China's Ministry of Finance (MoF) issued on Friday 10 billion yuan worth of 91-day book-entry discount T-bills at a yield of 2.3724 percent. This batch of bonds drew brisk demand from investors, with the bid-to-cover ratio reaching 2.65 times, disclosed a trader.
This is the 15th batch of book-entry discount T-bonds auctioned by the MoF this year with value date and circulation date on November 9 and November 11, respectively.
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