China News Service, February 21. According to the official website of the central bank, on February 21, the People's Bank of China successfully issued two rounds of RMB central bank bills in Hong Kong, including 10 billion yuan of 3-month central bank bills and 15 billion yuan of 1-year central bank bills. Yuan, the winning bid rates are 2.40% and 2.75% respectively.
The issuance was widely welcomed by foreign investors, including banks, central banks, funds, insurance companies and other institutional investors in the United States, Europe, Asia and other countries and regions, as well as international financial organizations actively participated in the subscription, with a total bidding volume of more than 70 billion yuan , which is about 2.8 times the circulation, indicating that RMB assets are more attractive to foreign investors, and also reflects the confidence of global investors in the Chinese economy.
At present, the People's Bank of China has regularly issued RMB central bank bills in Hong Kong, which not only enriches the series of RMB investment products and liquidity management tools in the Hong Kong market, but also drives domestic financial institutions, enterprises and other entities to issue RMB bonds in the offshore market.
In recent years, the issuance of RMB treasury bonds, financial bonds and corporate bonds in the offshore market has continued to increase, and the issuance methods and locations have become increasingly diversified, indicating that Hong Kong RMB central bank bills have played a positive role in promoting the development of the offshore RMB market.
(China New Finance and Economics)