China Sells 15.5 Billion Yuan in Hong Kong Bonds at Record-Low Yields
China's finance ministry sold 15.5 billion yuan ($2.32 billion) of offshore yuan-denominated government bonds in Hong Kong on Friday, at the lowest yields across tenors since data became available, amid robust demand.
China’s finance ministry sold 15.5 billion yuan ($2.32 billion) in offshore yuan-denominated government bonds in Hong Kong on Friday. Yields across the tenors were the lowest since data became available, while demand was robust. The exchange rate was $1 = 6.6702 Chinese yuan renminbi.