See what I mean:
http://www.bloomberg.com/apps/news?pid=20601110&sid=aPhgHGxkOot4
China Fails to Complete 20 Bln Yuan of Bill Sales, Traders Say
Share | Email | Print | A A A
By Bloomberg News
July 17 (Bloomberg) -- China’s finance ministry failed to meet its debt-sale target for a third time in two weeks at a 182- day bill sale, according to traders at Galaxy Securities Co. and China Citic Bank in Beijing. The ministry had tried to sell 20 billion yuan of bills and only sold 18.51 billion yuan, traders said. The average yield for the bills sold was 1.6011 percent, they said.
The average yield was 21 basis points higher than the 1.39 percent in secondary market trading yesterday, based on rates compiled by Chinabond, the nation’s biggest debt-clearing house. The government last sold similar-maturity bills on June 19 at 0.85 percent. A basis point is 0.01 percentage point.
- Forums
- ASX - By Stock
- GOLD
- is the death of the u.s. dollar imminent
is the death of the u.s. dollar imminent, page-15
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)