BEIJING - The Chinese Ministry of Finance will sell two batches of treasury bonds for a total of 40 billion yuan ($6.5 billion) in August, it announced Wednesday.
One batch is worth 20 billion yuan at an annual coupon rate of 4.5 percent with a maturity of three years, while the other is worth 20 billion yuan at an annual coupon rate of 4.87 percent with a maturity of five years.
These bonds will be sold from Aug 10 to 19 to individuals only.
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