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China Sells 1st 10-Year Debt of 2010 at Lower Yields (Update1)

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The finance ministry sold 26 billion yuan ($3.8 billion) of the notes at an average yield of 3.43 percent, according to traders at Bank of China Ltd. and BOC International Holdings Ltd. Investors bid for 1.62 times the amount on offer compared with 1.5 times at a sale of two-year debt on Jan.
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China Sells 1st 10-Year Debt of 2010 at Lower Yields (Update1) - Bloomberg.com

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The finance ministry sold 26 billion yuan ($3.8 billion) of the notes at an average yield of 3.43 percent, according to traders at Bank of China Ltd. and BOC International Holdings Ltd. Investors bid for 1.62 times the amount on offer compared with 1.5 times at a sale of two-year debt on Jan. 27,
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