China News Service, May 14 (Xinhua) According to the People's Bank of China website, on May 14, the People's Bank of China successfully issued two renminbi central bank bills in Hong Kong, including a three-month central bank bill of 20 billion yuan and a 1-year central bank bill With 10 billion yuan, the winning bid rates are 1.77% and 1.78%, respectively.
The central bank pointed out that this issuance has been widely welcomed by overseas investors, including institutional investors such as banks, central banks, funds and other countries and regions in the United States, Europe, Asia and other countries and international financial organizations. The total amount of bids is about 80 billion yuan. , Which is close to 2.7 times the issuance, indicating that RMB assets are more attractive to foreign investors, and it also reflects the confidence of global investors that they are optimistic about the Chinese economy.
Since November 2018, the People's Bank of China has gradually established a normal mechanism for issuing RMB central bank bills in Hong Kong. This issuance is a rolling issuance due. After the issuance, the balance of RMB central bank bills in Hong Kong is still 80 billion yuan.
The Central Bank stated that the stable and continuous issuance of RMB central bank bills in Hong Kong is beneficial to enrich the Hong Kong market's high credit rating RMB investment product series and RMB liquidity management tools, meet the needs of offshore market investors, improve the offshore RMB yield curve, and promote offshore RMB The development of the currency market and the promotion of other issuers to issue RMB bonds in the offshore market promote the internationalization of the RMB.