This file photo, taken on July 14, 2020, shows the Chinese national and Hong Kong SAR regional flags fluttering at the Golden Bauhinia Square in Hong Kong. (PHOTO / XINHUA)
BEIJING - China's ministry of finance issued yuan-denominated treasury bonds worth 12 billion yuan (about $1.68 billion) in the Hong Kong Special Administrative Region Wednesday.
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The issuance, the first one this year, included 6 billion yuan of two-year bonds, 4 billion yuan of three-year bonds, and 2 billion yuan of 10-year bonds, according to the ministry.
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The interest rates of the bonds are 2.2 percent, 2.3 percent, and 2.71 percent, respectively.
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A total of 30 billion yuan of yuan-denominated treasury bonds will be issued in Hong Kong this year, the ministry said, adding that three more issuances, each worth 6 billion yuan, will follow.