CHINA TO SELL INITIAL BATCH OF LING-DATED BONDS THIS WEEK
Photo Credit: Reuters
The government of China has said it will start selling an initial batch of long-dated bonds this week, the Ministry of Finance announced Monday, as Beijing looks to increase support for the world's second-largest economy. The central government will begin issuing some 30-year bonds on Friday as part of a planned sale of more than $138 billion of debt, according to a notice posted to the ministry's website.