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China to float 30.78 bln yuan of 10-year book-entry T-bonds from Thursday

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BEIJING, Dec. 15 (Xinhua) -- China's Ministry of Finance said Wednesday it will sell 30.78 billion yuan (4.6 billion U.S. dollars) of 10-year book-entry treasury bonds from Thursday.

The bonds - the 41st batch of their kind to be sold by the ministry this year - will carry a fixed interest rate of 3.77 percent, the ministry said in a statement on its website.

The bonds will be sold to the public from Thursday until Monday.

They will become tradable on Dec. 22 through the national inter-bank bond market and over the counter at designated commercial banks.

Interest on the bonds will be paid every half year.

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