China News Service, Beijing, February 19 (Reporter Wei Xi) On the 19th, the Central Bank of China successfully issued two renminbi central bank bills in Hong Kong, including 10 billion yuan in 3-month central bank bills and 15 billion yuan in 1-year central bank bills. , The winning bid rate was 2.70% and 2.74%.
This issuance has been widely welcomed by foreign 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 regions, as well as international financial organizations actively participating in the subscription. The total amount of bids is about 76 billion yuan, exceeding Three times the issuance volume indicates that RMB assets are highly attractive to foreign investors and also reflects the confidence of global investors in China's economy.
At present, the People's Bank of China normalizes the issuance of RMB central bank bills in Hong Kong, which not only enriches the RMB investment product series and liquidity management tools in the Hong Kong market, but also drives other entities such as domestic financial institutions and enterprises to issue RMB bonds in the offshore market.
In 2020, the People's Bank of China will issue a total of 12 issues of 155 billion yuan of central bank bills in Hong Kong.
Among them, three issues of central bank bills totaling 35 billion yuan will be issued in the fourth quarter of 2020.
On January 27, 2021, BOCHK launched the market-making mechanism for the repurchase of RMB central bank bills in Hong Kong to improve the liquidity of the secondary market for RMB central bills in Hong Kong.
According to statistics from the Central Bank, in 2020, the issuance of offshore RMB bonds other than Hong Kong's RMB central bank bills exceeded 130 billion yuan, an increase of 30% over 2019.
At the same time, offshore RMB bond issuance methods and locations have become more diversified, and the offshore RMB market has become more active.
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