(Xinhua) China will issue 50 billion yuan (7.32 billion U.S. dollars) of certificate treasury bonds next week, the Ministry of Finance said Tuesday.

The certificate treasury bonds, the first batch this year, will be sold from March 1 to 21.

The bonds include 25 billion yuan of one-year bonds with a fixed annual interest rate of 2.60 percent and 25 billion yuan of three-year bonds with an annual interest rate of 3.73 percent.

Interest would be calculated from the day of purchase. Principal and interest would be paid upon maturity, the ministry said.