|
The Chinese Ministry of Finance announced on Tuesday that it would hold a tender of four types of treasury bonds in Hong Kong on Aug.17 and settlement will be done on the next day. Listed for the planned tender are three-year, five-year, seven-year and ten-year Renminbi (RMB) sovereign bonds , according to an announcement of the Chinese Ministry of Finance posted at the website of the Hong Kong Monetary Authority (HKMA) on Tuesday. A total of 6 billion yuan (about 932 million U.S. dollars) three-year bonds, 5 billion yuan five-year bonds, 3 billion yuan seven-year bonds and 1 billion yuan ten-year bonds will be made available for competitive tenders on a coupon-bid basis by any qualified Central Moneymarkets Unit (CMU) members through the CMU BID, a bidding platform for RMB bonds, said the document. The bonds will be issued at par value and will mature in 2014, 2016, 2018 and 2021, respectively, on the last interest payment date of the relevant series of bonds. Each series of bonds will bear interest at the uniform annual issue interest rate for the relevant series determined through the competitive tender, (i.e. the highest accepted interest rate for the relevant series), payable semi-annually in arrears. Each tender must be for an amount of 500,000 yuan or integral multiples thereof and the difference between any specified tender interest rates should be at least 0.01 percent, rounded to two decimal places. The Ministry of Finance has appointed Bank of Communications Co., Ltd. Hong Kong Branch as the Issuing and Lodging Agent to administer the tender of the bonds on its behalf. The tender results will be disclosed on the website of the HKMA () and the CMU Bond Price Bulletin (https://www.cmu.org.hk), said the announcement.Tender of rmb bonds to be held in hk - Muslim Doorbell Manufacturer - Holy Quran Read PenTender of rmb bonds to be held in hk - Muslim Doorbell Manufacturer - Holy Quran Read PenTender of rmb bonds to be held in hk - Muslim Doorbell Manufacturer - Holy Quran Read Pen We are high quality suppliers, our products such as Muslim Doorbell Manufacturer , Holy Quran Read Pen for oversee buyer. To know more, please visits Digital Quran Mp4.
Related Articles -
Muslim Doorbell Manufacturer, Holy Quran Read Pen,
| 
