Business · Markets · 1 hr ago

China plans to issue 15.5 billion yuan in government bonds in Hong Kong

China plans to issue 15.5 billion yuan in government bonds in Hong Kong

China’s finance ministry plans to issue 15.5 billion yuan in government bonds in October.

The planned sale will take place in Hong Kong.

The bonds are denominated in yuan, China’s currency.

Government bonds are a way for a government to borrow money from investors.

The announcement does not give details about the bonds’ terms or who may buy them.

The planned issuance is set for October, but no more specific date is stated.

1 source

Related