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China to Float 27.3 Bln Yuan T-bonds

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China's Ministry of Finance (MOF) said on Wednesday it would issue 27.3 billion yuan (US$4 billion) of three-year book-entry treasury bonds, the ninth batch of its type this year.

The bonds have a fixed annual interest rate of 1.55 percent and will be sold from May 21 to 25, said the MOF.

Interest will be paid annually. The principal will be paid upon maturity on May 21, 2012.

(Xinhua News Agency May 21, 2009)