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CN MOF Plans to Reissue RMB50B 30-Yr Ultra-Long-Term Special Treasury Bonds for 1st Time Tmr
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China's Ministry of Finance (MOF) plans to reissue the 2024 ultra-long-term special treasury bonds for the first time tomorrow (11th). This time, the plan is to reissue treasury bonds that will be competitively tendered at a total nominal value of RMB50 billion. The coupon rate of the reissued treasury bonds is at 2.19%, the same as that of the previously issued bonds of the same term. This batch of bonds will start accruing interest from September 25, 2024, with semi-annual interest payments on March 25 and September 25 each year. The principal will be repaid along with the final interest payment on September 25, 2054. AAStocks Financial News |
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