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China Daily | Updated: 2010-06-02 07:52
PBOC increases 1-year bill yields
The People's Bank of China (PBOC) pushed up yields on one-year bills for the first time in four months, boosting returns to draw funds after rates for interbank loans climbed to the highest level since September 2008.
The central bank sold one-year bills at a yield of 2.0096 percent, from 1.9264 percent last week.
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