BEIJING - China will float 28 billion yuan ($4.19 billion) of three-year book-entry Treasury bonds from Thursday in a five-day sale, the Chinese Ministry of Finance said Wednesday.
Special Coverage: Rare as it isInterest on the bonds will be paid on Nov 4 every year.
The bonds are the 35th batch of the kind to be sold by the ministry this year.
The bonds will be sold on inter-bank and securities bond markets.
Traders said the market now had adequate fluidity and short-term investment products were more popular because of high inflation anticipation and thus the bond's interest rate did not run high this time.
