China's Ministry of Finance will issue 25.66 billion yuan (3.1 billion US dollars ) worth of book-entry treasury bonds of 2004 as of Wednesday, the ministry announced Tuesday.

The two-year bonds will be issued on the national inter-bank bond market and securities exchange market, according to a news bulletin on the ministry's website.

The bonds, carrying a fixed annual interest rate of 2.98 percent, will be floated from Dec. 15 to 20.

The bonds will be quoted on the interbank bond market and Shanghai and Shenzhen stock exchanges for trading in cash and repurchase starting from December 24.