BEIJING, Aug. 5 (Xinhua) -- China's Ministry of Finance announced Wednesday that it would issue a batch of book-entry treasury bonds worth 27.58 billion yuan (about 4 billion U.S. dollars) this week, the 18th such issue this year.

    According to the ministry's statement, the batch of T-bonds, with a term of five years, has a fixed annual interest of 2.97 percent.

    The T-bonds will be sold to the public during the period between Aug. 6 and Aug. 10, with interests to be calculated as from Aug. 6 this year and paid annually.

    The bonds will become tradable on Aug. 12 through the national interbank bond market and over the counters of designated commercial banks, the ministry said.

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