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China to issue 32 billion yuan ($5.18 billion) T-bonds

The Ministry of Finance said Wednesday it will start selling 32.09 billion yuan ($5.18 billion) of seven-year book-entry treasury bonds on Thursday.

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The Ministry of Finance said Wednesday it will start selling 32.09 billion yuan ($5.18 billion) of seven-year book-entry treasury bonds on Thursday.

The bonds, the 10th batch of its kind to be floated this year, carry a fixed interest rate of 3.14 percent and will be sold to the public from June 7-11, the ministry said in a statement posted on its website.

The bonds will become tradable on June 13 through the national inter-bank bond market and over the counter at designated commercial banks.

The ministry said interest will be calculated from the day of purchase and paid annually, with the principal and final interest paid upon maturity on June 7, 2019.

via China to issue 32b yuan in book-entry T-bonds|Markets|chinadaily.com.cn.

Banking

The Importance of E-Wallets for Online Gaming Sites

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Banking

Thai Government to issue Bt50 bln ( $1.57 bln)Savings Bonds to fund COVID-19 Relief Measures

The special savings bonds are available via the “Sasom Bond Mung Kung” e-wallet, abbreviated to “Sor Bor Mor” in Thai on Krungthai Bank’s Pao Tang mobile app, and through four dealer banks. The minimum purchase of these bonds is 1,000 baht, without no maximum. Interest is paid twice a year.

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BANGKOK (NNT) – Thailand’s Public Debt Management Office (PDMO) plans to issue “Ying Aom Ying Dai” (the more you save, the more you earn) government savings bonds, worth 50 billion baht, next month, aiming to use the funds to finance state projects to ease the impacts of the pandemic.

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