The story appears on

Page A10

June 27, 2018

GET this page in PDF

Free for subscribers

View shopping cart

Related News

Home » Business » Finance

HK to see issuance of 2 yuan bonds

THE Ministry of Finance said yesterday it would issue yuan-denominated treasury bonds worth 5 billion yuan (US$760 million) in Hong Kong in the near future.

It will be the first of two rounds of overseas yuan-denominated treasury bonds issued by the ministry this year. The second round will also be worth 5 billion yuan and be issued in Hong Kong, the ministry said, without giving a specific timetable.

The specific date and other details will be released before the issuance. The ministry also planned to issue US$3 billion of US dollar-denominated sovereign bonds overseas in the second half of 2018.

The ministry started selling yuan-denominated treasury bonds in Hong Kong in September 2009 to boost the city’s economy and expand the offshore yuan business.




 

Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号

Email this to your friend