China to issue 20-year T-bond worth US$3.68b

时间：2007-08-16 06:08:31

（单词翻译:单击）

Aug.16 - China will begin to issue 28 billion yuan (US$3.68 billion) worth of book-entry treasury1 bonds on Thursday, the 13th batch2 of its kind issued this year.

 

The 20-year T-bonds carry an annual interest rate of 4.52 percent, the Ministry3 of Finance said in a statement on Wednesday.

 

The bonds will be sold via the national inter-bank bond market, the stock market and commercial banks from August 16 to 21, and will be available for trading on the stock market and over the counter at designated commercial banks from August 24.

 

With a fixed4 interest rate, the interest will be paid every half year.

 

The ministry said the T-bonds were available to investors5 with accounts for investments in funds, shares and bonds at China Securities Depository and Clearing Co., China Treasury Bonds Depository and Clearing Co. or designated commercial banks.

 

China issued book-entry treasury bonds totaling 652.72 billion yuan last year, 150 billion yuan more than in 2005.

 

The government pledged earlier this year to cut the issuance of treasury bonds in 2007 by a "modest" amount, in a bid to reduce its financial deficit6 and expand channels for direct financing.

 
分享到：


点击收听单词发音收听单词发音  

1 treasury 7GeyP     
n.宝库；国库，金库；文库
参考例句：
  • The Treasury was opposed in principle to the proposals.财政部原则上反对这些提案。
  • This book is a treasury of useful information.这本书是有价值的信息宝库。
2 batch HQgyz     
n.一批(组，群)；一批生产量
参考例句：
  • The first batch of cakes was burnt.第一炉蛋糕烤焦了。
  • I have a batch of letters to answer.我有一批信要回复。
3 ministry kD5x2     
n.(政府的)部；牧师
参考例句：
  • They sent a deputation to the ministry to complain.他们派了一个代表团到部里投诉。
  • We probed the Air Ministry statements.我们调查了空军部的记录。
4 fixed JsKzzj     
adj.固定的，不变的，准备好的；(计算机)固定的
参考例句：
  • Have you two fixed on a date for the wedding yet?你们俩选定婚期了吗？
  • Once the aim is fixed,we should not change it arbitrarily.目标一旦确定，我们就不应该随意改变。
5 investors dffc64354445b947454450e472276b99     
n.投资者，出资者( investor的名词复数 )
参考例句：
  • a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
  • a cash bonanza for investors 投资者的赚钱机会
6 deficit tmAzu     
n.亏空，亏损；赤字，逆差
参考例句：
  • The directors have reported a deficit of 2.5 million dollars.董事们报告赤字为250万美元。
  • We have a great deficit this year.我们今年有很大亏损。

©2005-2010英文阅读网