BEIJING - The Ministry of Finance said on Wednesday that it will issue this year's first batch of renminbi-denominated treasury bonds in the Hong Kong Special Administrative Region on February 19.

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The scale of the bonds will be 12.5 billion yuan (about $1.74 billion), according to a statement released by the ministry.

Specific issuance arrangements will be announced on the website of the Hong Kong Monetary Authority's Central Moneymarkets Unit, according to the ministry.