Xinjiang Aseptic valves , Anhui to head local bond issuance

Xinjiang Aseptic valves , Anhui to head local bond issuance
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Xinjiang, Anhui to head local bond issuancePublished: 25 Mar 2009 00:02:48 PST

 

Mar. 25, 2009 (China Knowledge) - The Xinjiang Uygur Autonomous Region will soon issue a batch of government bonds worth RMB 3 billion, according to a statement by China's Ministry of Finance (MOF).

The three-year fixed-rate bonds will be auctioned on Mar. 27 by the MOF on behalf of Xinjiang, and will be issued between Mar. 30 and Apr. 1, and will become tradable on Apr. 3 in the secondary market.

The interest rates of the bonds, to be calculated from Mar. 30, will be paid once a year. The principal and interest for the last year will be paid on Mar. 30, 2012.

The MOF, on behalf of Anhui Province, will auction additional local government bonds worth RMB 4 billion on Mar. 31.

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