China central bank issues 30 billion yuan of offshore bills: HKMA By Reuters

China central bank issues 30 billion yuan of offshore bills:


© Reuters. FILE PHOTO: Man wearing a mask walks past the headquarters of the People’s Bank of China, the central bank, in Beijing

HONG KONG/BEIJING (Reuters) – China’s central bank issued 30 billion yuan ($4.3 billion) of offshore bills in Hong Kong on Thursday, according to a notice published by the Hong Kong Monetary Authority.

The People’s Bank of China priced a 20 billion yuan three-month tranche with a coupon of 2.70%, and a 10 billion yuan one-year tranche also at 2.70%, said the notice.

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