Apr. 10, 2012 (China Knowledge) – China's Ministry of Finance (MOF)
will issue RMB 30 billion worth of certificate treasury bonds from today to Apr. 23, according to an online statement released by the MOF
The bonds, this year's first batch, include RMB 21 billion in three-year bonds with a fixed coupon rate of 5.58% and RMB 9 billion in five-year bonds with a fixed coupon rate of 6.15%.
Interest will be calculated from the day of purchase and be paid at the due date.
The coupon rate of three-year bonds is 58 basis point higher than the three-year deposit rate of 5%, and the five-year bonds is 65 basis point higher than the five-year deposited rate of 5.5%.