Global EditionASIA 中文双语Français
Home / Business / Finance

PBOC to issue 30b yuan bills in Hong Kong

Xinhua | Updated: 2019-08-06 10:49
An employee counts Chinese one-hundred yuan banknotes at the Bank of China Hong Kong Ltd headquarters in Hong Kong. [Photo/VCG]

BEIJING - The People's Bank of China (PBOC) said Tuesday that it will issue 30 billion yuan ($4.3 billion) of central bank bills in Hong Kong on Aug 14.

Among the total, 20 billion yuan will mature in three months and 10 billion yuan will mature in a year, the PBOC said on its website.

To help expand the range of yuan-denominated financial products with high credit ratings in Hong Kong, the PBOC first issued such bills there in November 2018, raising 20 billion yuan.

It issued the same amount of bills in February, May and June this year.

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349