The announcement indicates that the Ministry of Finance decided to tender for the issuance of interest bearing bonds (seventeen phase) in 2010 in June 9th.

The current treasury bonds are issued through the national interbank bond market and the stock exchange bond market, and the sales section of the pilot commercial banks will no longer be allocated separately.

The current treasury bonds are 5 year fixed rate interest bearing debt, annual interest payments, the total value of the issue is 28 billion yuan, all competitive bidding.

Members of a group will have the right to supplement the current treasury bonds after the end of competitive bidding.

On time arrangement, the tender was made in June 9, 2010, and it was issued and paid interest in June 10th. The issue ended in June 11th and traded in June 18th.

In the way of tendering, the current treasury bonds adopt multiple price (mixed) bidding methods, with the interest rate being the target.

The full weighted average winning interest rate is the coupon interest rate, which is lower than or equal to the nominal interest rate. It is underwritten by the face value; the bid position is higher than the nominal interest rate within 15 (including 15), and is underwritten by the price converted at the respective winning rate and the coupon rate; all the bid points above the nominal rate of 15 or more (excluding 15) are all marked down.