| 24.08.2009 - China CIC to pay dividends, not interest |
| From Alibaba.com: China Investment Corp, a $200 billion sovereign wealth fund, has agreed with the Finance Ministry to change the way it pays its funding costs, local media reported Saturday. To fund CIC, the Finance Ministry issued 1.55 trillion yuan ($226.9 billion) worth of special treasury bonds at an annual rate of 4.3 percent in late 2007 to buy foreign exchange from the central bank............Full Article: Source |