广播听力：China Issues 20 Billion Yuan Savings Bonds

China has started to issue 20 billion yuan, or 3 billion US dollars, of savings bonds, the last such issue this year.

The three-year securities carry a 5.17 percent annual coupon.

The relatively higher earnings have drawn flocks of citizens to purchase the bonds. Some even lined-up outside the banks the night before the issue.(WWw.hxen.com)

"Amid the financial crisis, I don't dare to make other investments. Purchasing the savings bonds is a much wiser choice compared with saving deposits. They enjoy a higher interest rate. And it's also reliable." (female)

"The bond carries an annual coupon of 5.17 percent. It is even higher than the 5.13 percent interest rate for five-year deposits. So it's attractive and could avoid the risk of interest rate cuts." (male)

The sale of the bonds will conclude next Thursday.

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