China's Ministry of Finance (MOF) issued on Friday 91-day and 182-day discount T-bills at annualized yields of 2.4298 percent and 2.4526 percent respectively. Statistics from China Government Securities Depository Trust & Clearing Co. showed that yield on the 3-month and 6-month fixed-rate T-bills traded on the domestic interbank market stood at 2.5204 percent and 2.4457 percent respectively.
Market players disclosed that the subscription ratios reached 2.34 and 1.93 times the volume offered respectively. This is 16th and 17th batches of book-entry coupon bearing T-bonds offered by the ministry in 2015, with the value date and circulation date on November 16 and November 20 respectively.
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