Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Economy

【Financial Str. Release】China's central bank issues 5 bln yuan of bills in Hong Kong SAR

March 22, 2022


Abstract : The People's Bank of China (PBOC) issued 5 billion yuan (about 785.4 million U.S. dollars) worth of central bank bills in the Hong Kong Special Administrative Region (SAR) on Tuesday.

BEIJING, March 22 (Xinhua) -- The People's Bank of China (PBOC) issued 5 billion yuan (about 785.4 million U.S. dollars) worth of central bank bills in the Hong Kong Special Administrative Region (SAR) on Tuesday.

The bills will mature in six months, with an interest rate of 2.6 percent, according to the PBOC.

The issuance was well-received by overseas investors, with total bidding reaching over 22 billion yuan, roughly 4.4 times the value issued.

The bidding reflects the strong attractiveness of renminbi assets to overseas investors and the confidence global investors have in the Chinese economy, the PBOC said.

Scan the QR code and push it to your mobile phone

Keyword: China's central bank Financial Str. Release Hong Kong SAR

Reading:

S. China Hainan's first zero-tariff imported recreational facility arrives in Sanya

China becomes world leader in computing power, report

China stems groundwater overexploitation

Nine astronomical telescope projects settled in NW China

​China-Laos Railway makes Kunming a trade and logistics hub for South Asia, Southeast Asia

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial