Central bank to issue US$13b in special bills

Banking, Finance and Insurance

Wednesday, October 08, 2008 00:23:50

	Central bank to issue US$13b in special bills By STAFF EDITOR Published: August 20, 2007 06:16 PM The People's Bank of China (PBOC) announced Friday it will sell more than US$13 billion in three-year bills to the country's major state-owned and joint-stock commercial banks in a special issue Thursday, the Economic Observer reported. The bills will return a nominal interest rate of 3.69%. Special ... You are currently reading 49 words of 151 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: Central Bank , credit , Bank of China , interest rate , EA , inflation	More Articles in Banking, Finance and Insurance > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Desire to invest in stocks, real estate hits 10-year low Banking sector steady despite mortgage risks Hangzhou drugmaker sets up microcredit issuer DBS inks China UnionPay deal China’s pension fund to invest more aggressively 7 large Chinese banks have US$722m Lehman exposure 40% of Chinese private firms target overseas expansion: HSBC

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