The Central Bank will issue two central bank bills in Hong Kong, totaling 50 billion yuan
Source: Zhongxin Jingwei 2024-05-17 08:03:37
China Singapore Jingwei, May 16 According to the news on the website of the People's Bank of China, on May 22, 2024 (Wednesday), the Central Bank will issue the fourth and fifth central bank bills in 2024 through the bond bidding platform of the Central Settlement System (CMU) for debt instruments of the Hong Kong Monetary Authority.
The central bank pointed out that this move is intended to enrich Hong Kong's high credit rating RMB financial products and improve Hong Kong's RMB yield curve.
The central bank introduced that the fourth central bank bill has a term of three months (91 days), which is a fixed rate interest bearing bond, and repays principal and interest at maturity, The circulation is 30 billion yuan The value date is May 24, 2024, and the maturity date is August 23, 2024. The maturity date will be postponed in case of holidays.
The fifth issue of central bank bills has a term of one year. It is a fixed rate interest bearing bond, which pays interest once every six months. The issue volume is RMB 20 billion The value date is May 24, 2024, and the maturity date is May 24, 2025. The maturity date will be postponed in case of holidays.
The central bank said that the face value of the above-mentioned two central bank bills was 100 yuan, and they were issued by Dutch bidding, with the interest rate as the bidding target.
Previously, on February 20, 2024, the Central Bank issued the first and second central bank bills in 2024 through bidding, with the issuance volume of 30 billion yuan and 15 billion yuan; Later, on March 19, 2024, the third issue of central bank bills in 2024 was issued by bidding, with a total issuance of 25 billion yuan. (Zhongxin Jingwei APP)
