IN BRIEF (Page 13)
China Daily | Updated: 2010-03-17 07:53
Bill yield flat at auction
The People's Bank of China sold one-year bills at a yield of 1.9264 percent, unchanged for the seventh sale in a row, according to traders.
The monetary authority offered 110 billion yuan ($16.1 billion) of the securities at the auction on Tuesday. It also drained 83 billion yuan via 28-day bond repurchase agreements, traders said.
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