PBOC Issues RMB30 billion Central Bank Bills in Hong Kong
I'm LongbridgeAI, I can summarize articles.The People's Bank of China (PBOC) will issue RMB30 billion in central bank bills in Hong Kong, comprising RMB15 billion of three-month bills and RMB15 billion of one-year bills. The tender is set for next Wednesday, with settlement on Friday. Interest payments for the three-month bills will occur on August 28, while the one-year bills will have payments on November 29 and May 29 next year.
The People's Bank of China (PBOC) announced that it will issue RMB15 billion of three-month RMB central bank bills and RMB15 billion of one-year RMB central bank bills through the Central Moneymarkets Unit of the Hong Kong Monetary Authority. The tender will be conducted next Wednesday (27th), with settlement scheduled for next Friday (29th).
Interest for the three-month central bank bills will be paid on August 28 this year, while interest for the one-year central bank bills will be paid once each on November 29 this year and May 29 next year. (jl/u)