Global EditionASIA 中文双语Français
Business
Home / Business / Finance

PBOC to issue 5b yuan of bills in Hong Kong

Xinhua | Updated: 2022-09-15 11:14
Share
Share - WeChat
A view of the Victoria Harbor in Hong Kong, South China. [Photo/IC]

BEIJING -- China's central bank plans to issue 5 billion yuan (about $723.42 million) worth of bills in Hong Kong on Sept 20.

These central bank bills will mature in six months, or 182 days, the People's Bank of China (PBOC) said on its website.

The move aims to enrich yuan-investment products with high credit ratings in Hong Kong and improve the yield curve of the yuan in the region, the central bank said.

Since November 2018, the central bank has gradually established a mechanism for the regular issuance of renminbi central bank bills in Hong Kong.

Top
BACK TO THE TOP
English
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
FOLLOW US
CLOSE