China's Ministry of Finance announced Wednesday that it will issue a batch of seven-year book-entry treasury bonds worth 26 billion yuan (3.8 billion U.S. dollars) this week, the 17th such issue this year.
According to the ministry's statement, the new batch of T-bonds, with a fixed annual interest of 3.15 percent, will be sold to the public from July 30 to Aug. 3. Interest will be paid annually.
The bonds will become tradable on Aug. 5 through the national inter-bank bond market and over the counter at designated commercial banks.
(Xinhua News Agency July 29, 2009)