govt.chinadaily.com.cn

News

China to issue billions in sovereign bonds in Hong Kong

Updated: Sep 15, 2021 chinadaily.com.cn Print
Share - WeChat
[Photo/IC]

China's Ministry of Finance (MOF) plans to issue sovereign bonds totaling 20 billion yuan ($3.1 billion) in the Hong Kong Special Administrative Region this year.

The MOF will issue the renminbi (RMB) sovereign bonds in three batches of 8 billion yuan, 6 billion yuan, and 6 billion yuan, respectively.

The first tranche of bonds will be issued on Sept. 23. The detailed arrangements will be announced by the Hong Kong Monetary Authority.

The MOF started selling yuan-denominated treasury bonds in Hong Kong in September 2009 to boost the region's economy and speed up offshore yuan business expansion.

LEAVE YOUR MESSAGE

*Your E-mail Address

Copyright©2021 China Daily. All rights reserved.

京ICP备13028878号-6

京公网安备 11010502032503号京公网安备 11010502032503号