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People's Bank of China (PBC) issues one-year bills worth 31 bln yuan

The People's Bank of China(PBC), the country's central bank, on Tuesday issued one-year central bank bills worth 31 billion yuan (4.2 billion U.S. dollars) at a yield of 4.0583 percent.

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Vietnam to Sell Shares in State Banks

Vietnam says that four of the country's state-owned banks will sell shares to private investors by the end of this year. The announcement is part of a drive to privatize state-owned companies and make them competitive with foreign rivals. Western investors say they are eager to buy in. In Hanoi, Matt Steinglass has more.

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