China to auction 2-year, 5-year bonds on Oct 18

Rajalakshmi S Updated - January 08, 2018 at 08:15 PM.

China's Ministry of Finance said on Wednesday that it would reopen an issue of 2-year bonds, auctioning an additional 28 billion yuan ($4.26 billion) on October 18.

The bonds will be issued from October 18-19 and begin secondary market trading on October 23, the ministry said in a statement.

The finance ministry will also auction 36 billion yuan in 5-year bonds on October 18.

After the auction, the bonds will be issued from October 18-19 and start trading on the secondary market on October 23, the ministry said. ($1 = 6.5758 Chinese yuan renminbi).

Published on October 11, 2017 07:43