China c.bank bank bill yields flat at auction

SHANGHAI, Aug 21 - China's central bank auctioned 23 billion yuan of three-month bills in its regular open market operations on Thursday at a yield of 3.3978 percent, traders said, in line with market expectations.

The three-month bill yield was at 3.3978 percent for a 26th auction in a row.

The central bank also auctioned 1.5 billion yuan of six-month bills on Thursday at a yield of 3.6969 percent, in line with market expectations. The six-month bill yield was at 3.6969 percent for a sixth auction in a row. (Reporting by Bella Zeng; Writing by Karen Yeung; Editing by Edmund Klamann)

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