Author: reporter Wen Yuan
"Guangming Daily" (page 10 on February 22, 2022)
This newspaper, Beijing, February 21 (Reporter Wen Yuan) On the 21st, the People's Bank of China successfully issued two phases 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. The winning rates are 2.50% and 2.70% respectively.
The issuance was widely welcomed by foreign investors. Institutional investors such as banks, central banks, funds, insurance companies and international financial organizations from many countries and regions actively participated in the subscription. The total amount of bids was close to 60 billion yuan, about 2.4% of the issuance times, indicating that renminbi assets are more attractive to foreign investors, and it also reflects the confidence of global investors in China's 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 number of RMB sovereign bonds, financial bonds and corporate bonds issued in the offshore market has been increasing, and the issuance methods and locations have become increasingly diversified, indicating that Hong Kong's RMB central bank bills have played a positive role in promoting the development of the offshore RMB market.