5B yuan-denominated treasury bonds issued in Hong Kong

0 Comment(s)Print E-mail Xinhua, July 24, 2020
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China's Ministry of Finance (MOF) issued 5 billion yuan (about 715.31 million U.S. dollars) worth of yuan-denominated treasury bonds to the Hong Kong Special Administrative Region Thursday.

The bonds, targeting institutional investors, included 4 billion yuan of two-year treasury bonds and 1 billion yuan of five-year treasury bonds, the MOF said in a statement.

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

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