One-year bills to go on sale
China's central bank plans to sell 1 billion yuan ($150 million) of one-year bills on Tuesday in open market operations, according to a statement on its website.
The amount of debt offered has dropped for four straight weeks, with the auction being the smallest since Oct 2007, according to data compiled by Bloomberg.
Investor demand for short-term securities has waned on speculation the People's Bank of China will add to last month's first interest-rate increase in almost three years.
Bloomberg News
