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HomeEconomicFinanceChina's Finance Ministry Issues 12 Bln Yuan Of Treasury Bonds In Hong...

China’s Finance Ministry Issues 12 Bln Yuan Of Treasury Bonds In Hong Kong

BEIJING, June 15 (Xinhua) — China’s Ministry of Finance issued yuan-denominated treasury bonds worth 12 billion yuan (about 1.68 billion U.S. dollars) in the Hong Kong Special Administrative Region Wednesday.

   The issuance, the first one this year, included 6 billion yuan of two-year bonds, 4 billion yuan of three-year bonds, and 2 billion yuan of 10-year bonds, according to the ministry.

   The interest rates of the bonds are 2.2 percent, 2.3 percent, and 2.71 percent, respectively.

   A total of 30 billion yuan of yuan-denominated treasury bonds will be issued in Hong Kong this year, the ministry said, adding that three more issuances, each worth 6 billion yuan, will follow.

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