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Article: YUAN APPRECIATION FUELS CHINA'S TREASURY BOND MARKET.
- Article from:
- AsiaPulse News
- Article date:
- August 3, 2005
CopyrightCOPYRIGHT 2005 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SHANGHAI, Aug 3 Asia Pulse - The appreciation of China's currency has fueled sales of the fourth issue of certificate T-bonds issued on August 1, according to experts from the Bank of China (BOC).
The three-year T-bond bears an interest rate of 3.24 per cent and the five-year T-bond has an interest rate of 3.60 per cent.
Though the profitability of this issue is lower ...