Bonds will be available for purchase starting May 29, and is accessible to individual investors
BEIJING: China officially issued 40 billion yuan (about $5.5 billion) worth of 20-year ultra-long term fixed rate special national treasury bonds, China Central Television (CCTV) reported on Friday.
In a statement, the Ministry of Finance said that this series of book-entry treasury bonds will be available for purchase starting May 29, and is accessible to individual investors. The coupon rate will be established through competitive bidding facilitated by underwriting organisations on Friday.
