Press "Enter" to skip to content

PBOC issued 30 billion yuan bills in Hong Kong amid yuan devaluation, eyes regular mechanism

The People’s Bank of China issued 30 billion yuan of offshore bills in Hong Kong on Wednesday, a week after the yuan slid past the key psychological level of 7 per dollar for the first time in more than a decade.

The 20 billion yuan three-month tranche was priced with a coupon of 2.9 per cent, while the 10 billion yuan one-year tranche was sold at . . .

To continue reading, please subscribe.

FREE TRIAL

We highly value independence. Yuan Talks is solely funded by subscriptions from thousands of intelligent readers like you. Don't miss out! 

What you'll get:

  • Original and in-depth reporting on China's economy and financial markets with details, data and perspectives you don't read elsewhere!
  • Daily Brief newsletter delivered before market open every weekday wrapping up the most important China-related information.
  • Weekly Market Wrap-up on Chinese equities, bonds, the yuan and commodities!
  • Interviews with China experts. We find you insights you should never miss!

 

Not ready for the full service? Subscribe to our Free Weekly Newsletter first.

Already have an account? Sign In

Top