China issues US$ 3.57 billion in Treasury Bonds this August

China issues US$ 3.57 billion in Treasury Bonds this August

The Chinese Ministry of Finance announced that the country has issued RMB 22 billion (US$3.57 billion) in one-year book-entry treasury bonds. Interest rate for the bonds will be fixed at 3.82% after competitive tendering and interest calculation begins on August 14th, the statement said. The bonds will be sold on the interbank market until August 18^th and will become trade-able on the secondary market on August 20th. Both the interest and the principal will be paid upon maturity on August 14th 2015. This is the ministry's 18th issuance of book-entry treasury bonds this year.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

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