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China's finance ministry to issue 14 bln yuan bond in Hong Kong

18 Nov 2015, 11:23:08 AM

BEIJING, Nov 16 (Reuters) - China's Ministry of Finance (MOF) said on Monday it would issue 14 billion yuan ($2.2 billion) in yuan-denominated treasury bonds in Hong Kong from Nov. 23.

The bond issuance will target Hong Kong residents, institutional investors and foreign banks and monetary authorities, the ministry said in a statement on its website.

The first batch of 14 billion yuan worth of yuan-denominated bonds for 2015 was auctioned on May 20, the ministry said.

The MOF has been auctioning bonds denominated in the offshore yuan in Hong Kong since 2009, supporting the development of the offshore yuan market there.

($1 = 6.3763 Chinese yuan) (Reporting by China economics team; Editing by Jacqueline Wong)

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資料來源:Reuters

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