BEIJING, June 7 -- China began to issue 30 billion yuan (US$3.75 billion) worth of book-entry treasury bonds with terms of maturity of three months yesterday.

    The T-bonds, the seventh batch of its kind issued this year, carry an annual par interest rate of 1.66 percent, the Ministry of Finance said in a statement posted on its Website. The issue of T-bonds, whose interest will be calculated from June 6, will be completed by Friday.

    (Source: Shanghai Daily)