BEIJING, Oct. 13 (Xinhua) -- China's Ministry of Finance (MOF) issued on Wednesday 5.5 billion yuan of Renminbi-denominated T-bonds in the Hong Kong Special Administrative Region (HKSAR) on Wednesday, reported Xinhua Finance.
MOF issued the third batch of T-bonds in this year, consisting of 3.5 billion yuan 2-year T-bonds and 2.0 billion yuan 5-year T-bonds amid institutional investors' active subscriptions which equaled 4.09 times of the factual issues.
The 2-year T-bonds were issued at 2.286 percent yield and the 5-year ones were sold at 2.6739 percent yield, both of which were 5-10 basis points (bps) lower than the comparable T-bond yields on the secondary bond market in the HKSAR.
Later in December, the fourth batch of 5.0 billion yuan of RMB-denominated T-bonds is scheduled to be issued there and the details will be publicized in future. (Edited by Duan Jing with Xinhua Silk Road, duanjing@xinhua.org)
A single purchase
