Comments 
Print 
Mail 
Large Medium SmallBEIJING -- Chinese Ministry of Finance will auction 23.6 billion yuan ($3.8 billion) of three-year bonds on behalf of six local governments at a yield of 3.92 percent, the ministry announced on Friday.
From July 29 to 31, the ministry will sell the bonds, of which 5.6 billion yuan will go to Heilongjiang province, 700 million yuan to Xiamen city, 7.7 billion yuan to Hunan province, 4.7 billion yuan to Guangxi Zhuang autonomous region, 600 million yuan to Tibet autonomous region and 4.3 billion yuan to Qinghai province.
This will be the fifth batch of auctioned bonds this year. The ministry plans to sell local government debt worth a combined total of 350 billion yuan in 2013, the most since 2009, in order to meet growing expenditure demand.
Models at Ford pavilion at Chengdu Motor Show
Brilliant future expected for Chinese cinema: interview
Chang'an launches Eado XT at Chengdu Motor Show
Hainan Airlines makes maiden flight to Chicago
Highlights of 2013 Chengdu Motor Show
New Mercedes E-Class China debut at Chengdu Motor Show
'Jurassic Park 3D' remains atop Chinese box office
Beauty reveals secrets of fashion consultant
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
