On February 11, China’s Finance Ministry announced the issuance of 14 billion yuan in treasury bonds in Hong Kong, featuring a coupon rate of 1.38% for these 2-year, yuan-denominated bonds. This move underscores Hong Kong’s status as a leading hub for offshore yuan bond sales, which helps enhance RMB liquidity abroad and promote the internationalization of the yuan in global finance.
China Finance Ministry issues 14 billion yuan of treasury bonds in Hong Kong
