Business & Finance
China's central bank sells 30bn yuan of bills offshore
The People's Bank of China priced a 20 billion yuan three-month tranche at a coupon of 2.55pc, and sold another 10
- The People's Bank of China priced a 20 billion yuan three-month tranche at a coupon of 2.55pc, and sold another 10 billion yuan of one-year bills at 2.60pc.
- The offshore yuan was 0.11pc weaker at 6.9834 per dollar at 0453 GMT.
SHANGHAI: China's central bank said on Thursday it had issued 30 billion yuan ($4.30 billion) of offshore bills in Hong Kong.
The People's Bank of China priced a 20 billion yuan three-month tranche at a coupon of 2.55pc, and sold another 10 billion yuan of one-year bills at 2.60pc, the Hong Kong Monetary Authority said in a statement on Feb. 13.
The offshore yuan was 0.11pc weaker at 6.9834 per dollar at 0453 GMT.
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