The People's Bank of China (PBOC), China's central bank, issued 24 billion yuan (US$3.53 billion) of one-year bills at its regular open market operations Tuesday at a yield of 2.0929 percent.

The central bank has kept the yield of one-year bills at 2.0929 percent since June 8.

Bills and repurchase agreements worth 60 billion yuan (US$8.82 billion) will mature this week, sharply down from 166 billion yuan (US$24.42 billion) last week.

(Xinhua News Agency August 24, 2010)