神秘内容 Loading...

    BEIJING, Sept. 10 (Xinhua) -- China is to issue 200 billion yuan (26.7 billion U.S. dollars) of special treasury bonds as the second tranche of a planned 1.55 trillion yuan basket to finance the country's new foreign exchange investment firm. (来源:老牌的英语学习网站 http://www.EnglishCN.com)

    The bonds would be sold to the public, with outstanding terms of more than 10 years, the Ministry of Finance announced on Monday.

    The first 100 billion yuan bonds will be issued later this month in three batches, while sale of the second half is scheduled for the fourth quarter.

    The announcement came two weeks after the ministry issued 600 billion yuan of such bonds targeting the country's commercial banks with an annual interest rate of 4.3 percent.

    "The bond sale will help ease liquidity, prevent the economy from overheating and strengthen the macro-control policy," the ministry said.

    "Theoretically, a 200-billion-yuan bond sale to the public could have the same effect on excess liquidity as an 0.5-percentage-point hike in bank reserve requirements," said Wang Guogang, a finance expert at the Chinese Academy of Social Sciences.

    Issuing in batches and to different buyers would ensure the stability of the financial market and reduce the bond investment risks, Wang said.

    In June, China's top legislature approved the issuance of 1.55 trillion yuan of special treasury bonds by the Ministry of Finance to buy 200 billion U.S. dollars forex reserve for a state investment firm, which will make better use of the country's huge forex reserves.

    China's forex reserves had reached 1.33 trillion U.S. dollars by the end of June.     (1 U.S. dollar = 7.55 yuan) 

 
神秘内容 Loading...

你可能对下面的文章也感兴趣:

·8万奥运保安 Beijing's 80,000 guards to offer "
·北京国庆大亮灯 Beijing lights for National Day
·英文国庆报道 China Celebrates National Day
·北京梅兰芳大剧院 Beijing to have theater for P
·北京最大规模街巷改造启动 Beijing plans "bigges
·上海人口 Shanghai's population swells to 18.45
·故宫宝物罗马展Forbidden City treasures showcas
·韦氏词典公布07年度词汇 Merriam-Webster's 2007
·春运售票开始 Beijing begins train ticket sales
·Beijing to set up cultural squares for Olympic

上一篇:教师节贺卡祝福用语(中英文对照)  
下一篇:8万奥运保安 Beijing's 80,000 guards to offer "cordial, professional" services for Oly
[返回顶部] [打印本页] [关闭窗口]