Money

China's central bank issues 24b yuan 1-yr bills

(Xinhua)
Updated: 2010-08-24 16:43
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BEIJING - The People's Bank of China (PBOC), China's central bank, issued 24 billion yuan ($3.53 billion) of one-year bills at its regular open market operations Tuesday at a yield of 2.0929 percent.

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The central bank has kept the yield of one-year bills at 2.0929 percent since June 8.

Bills and repurchase agreements worth 60 billion yuan ($8.82 billion) will mature this week, sharply down from 166 billion yuan ($24.42 billion) last week.