China's Ministry of Finance issued 60 billion yuan of 91-day bonds at an issue rate of 1.1222%, a marginal rate of 1.1585%, an expected rate of 1.1300%, a bid-to-cover ratio of 3.13x, and a marginal bid-to-cover ratio of 1.52x. It also issued 55 billion yuan of 182-day bonds at an issue rate of 1.1294%, a marginal rate of 1.1700%, an expected rate of 1.1300%, a bid-to-cover ratio of 3.26x, and a marginal bid-to-cover ratio of 26.05x.