The Ministry of Finance will float 30 billion yuan (4.76 billion U.S. dollars) in one year book-entry treasury bonds on Thursday.[Hong Kong Company Formation, Incorporation, Business Registration]

The bonds, the second of their kind issued this year, carry a fixed annual interest rate of 2.81 percent, the ministry said in a statement on Wednesday.

[Hong Kong Company Formation|Hong Kong Company Registration]Interest on the bonds will be paid annually, while the principal will be returned upon maturity on Jan. 17, 2014, according to the statement.

The bonds will be sold from Jan. 17 to 21 and become tradable on exchange markets starting on Jan. 23, it said.