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China central bank to sell 25bn yuan 3-month bills, 1-year bonds in HK on May 21

  • The auction in Hong Kong is aimed at improving the yuan yield curve in the financial hub, the People's Bank of China (PBOC) said in a statement on its website.
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China's central bank said on Monday that it will auction 10 billion yuan ($1.55 billion) of 3-month yuan denominated bills and 15 billion yuan of one-year yuan denominated bonds in Hong Kong on May 21.

The auction in Hong Kong is aimed at improving the yuan yield curve in the financial hub, the People's Bank of China (PBOC) said in a statement on its website.

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