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China finance ministry to issue an extra 5.5 billion yuan of treasury bonds in Hong Kong

Published 10/05/2022, 11:04 PM
Updated 10/05/2022, 11:05 PM
© Reuters. FILE PHOTO: A China yuan note is seen in this illustration photo May 31, 2017.     REUTERS/Thomas White/Illustration/File Photo

HONG KONG (Reuters) - China's finance ministry said on Thursday that it will issue an additional 5.5 billion yuan ($773.18 million) worth of yuan-denominated sovereign bonds in Hong Kong on Oct. 12.

The ministry said it would issue an extra 3.5 billion yuan worth of bonds due 2024 with an interest rate of 2.44% per annum, and an additional 2.0 billion yuan worth of 2027 bonds carrying an interest rate of 2.75%.

($1 = 7.1135 Chinese yuan renminbi)

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