China finmin to issue 5 bln yuan of treasury bonds in Hong Kong

Credit: REUTERS/Thomas White

China will issue 5 billion yuan ($722.15 million) in yuan-denominated treasury bonds in Hong Kong on June 20, the finance ministry said on Monday.

Adds details from HKMA statement

BEIJING/HONG KONG, June 17 (Reuters) - China will issue 5 billion yuan ($722.15 million) in yuan-denominated treasury bonds in Hong Kong on June 20, the finance ministry said on Monday.

The Ministry of Finance said in a statement that it would issue a combined 15 billion yuan worth of yuan-denominated treasury bonds overseas in 2019.

Thursday's issuance will include 3.5 billion yuan two-year bonds and 1 billion yuan five-year bonds, according to a Hong Kong Monetary Authority statement issued on Monday afternoon.

($1 = 6.9238 Chinese yuan)

(Reporting by Noah Sin and Twinnie Siu in HONG KONG and BEIJING Monitoring Desk; Editing by Sherry Jacob-Phillips)

((hongkong.newsroom@thomsonreuters.com; (8610) 6627-1277; Reuters Messaging: min.zhang@thomsonreuters.com))

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