China to roll over special treasury bonds to amount of 600 billion yuan

Almaty. August 23. Silkroadnews – China will roll over 600 billion yuan of special treasury bonds, Xinhua news agency reported.
“China will roll over 600 billion yuan (about 90 billion U.S. dollars) of special treasury bonds due next week, the Ministry of Finance (MOF) said”, the report reads.
At the same time, it is explained that as the treasury bonds issued in 2007 mature on August 29, the Ministry of Finance will issue another bonds to banks to 600 billion yuan, including 400 billion yuan of seven-years bonds and 200 billion yuan of ten-years bonds with market-based yields.
According to publication, a special bond issue will not affect the liquidity of financial markets and the banking system.