China issues 14 billion yuan-denominated treasury bonds
Updated: 2015-11-27 10:04
(Xinhua)
|
|||||||||||
BEIJING - China's Ministry of Finance (MOF) on Thursday issued yuan-denominated treasury bonds worth 10 billion yuan ($1.57 billion) to institutional investors in Hong Kong.
Another 2 billion yuan of treasury bonds will be issued to individual residents of Hong Kong starting from Nov 27 and lasting until Dec 14, the MOF said.
Meanwhile, the ministry on Thursday also floated 2 billion yuan of treasury bonds to five foreign central banks and local monetary authorities.
Hong Kong has been given the unique position in floating yuan-denominated treasury bonds, because the majority of offshore renminbi is traded in Hong Kong and it is Chinese territory, according to China's Finance Minister Lou Jiwei.
The MOF started selling yuan-denominated treasury bonds in Hong Kong in September 2009 to support Hong Kong's economy and speed up the expansion of offshore yuan business.
Related Stories
Yuan treasury bonds to be issued in HK 2015-11-17 10:25
Foreign funds to follow IMF lead with yuan bond holdings 2015-11-12 07:49
Property developers turn to domestic bonds for money 2015-11-07 09:57
S. Korea pushes for Chinese yuan hub with sale of yuan bonds 2015-10-29 10:41
Bond issuances hit a record high 2015-10-19 07:27
Today's Top News
Xi urges breakthroughs in military structural reform
Chinese play growing part in online shopping
Surviving Russian pilot says no warning from Turkey
Xi to attend Paris climate conference
Putin: Turkey's downing of jet 'stab in the back'
Russian senior military official confirms death of one Su-24 pilot
Nations to boost infrastructure ties
Turkey downs Russian fighter jet near Syria border
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
Xi just needs to turn up for a grand welcome |
Stepping up |
Rural families still hope for male heirs |
Blue skies over Beijing ... for now |
V-Day parade for 70th WWII anniversary |
Tianjin blasts: Death, damage and bravery |