China to float 50-year T-bonds at 4.67% yield
(Xinhua) Updated: 2014-05-24 14:00BEIJING - China's Ministry of Finance (MOF) announced Friday a new batch of long-term book-entry treasury bonds worthy of 26 billion yuan ($4.22 billion).
The bonds, with a term of 50 years, will be sold at an annual yield of 4.67 percent, said the ministry in a statement.
According to the statement, the bonds will be sold for three days from May 26, 2014, and become tradable on May 30, with interest to be paid every half year.
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