SHANGHAI: China's Ministry of Finance auctioned 26 billion yuan ($4.19 billion) of 30-year bonds in the interbank market on Wednesday at an average yield of 4.76 percent, traders said, as expected.

Market forecasts had centred around 4.75 percent and ranged from 4.65 to 4.80 percent.

The auction yield came in below Tuesday's benchmark secondary market yield of 4.7807 percent for 30-year government bonds.