China News Service, Hong Kong, December 15th. The Hong Kong Monetary Authority (Hong Kong Monetary Authority) issued an announcement on the 15th stating that the People's Bank of China (Central Bank) will issue RMB central bank bills through the Hong Kong Monetary Authority’s Central Settlement System (CMU) for debt instruments. .
In addition, according to the central bank’s bidding announcement, the central bank will bid for the issuance of 5 billion yuan of central bank bills in Hong Kong on December 21, with a period of 6 months.
The central bank introduced in the announcement that the central bank's 6-month renminbi central bank bills will be tendered on December 21, 2021, and settled on December 23, 2021.
The 6-month renminbi central bank bills with a total value of RMB 5 billion can be used by eligible CMU members to bid on interest rates through the bond bidding platform of the Central Clearing System.
The central bank said that the results of the bid will be announced on the website of the Hong Kong Monetary Authority and the CMU bond quotation website.