Home World News China Sells Long-Dated Offshore Yuan Bonds at Record Low Yields
World News

China Sells Long-Dated Offshore Yuan Bonds at Record Low Yields

Key Points

China Sells Long-Dated Offshore Yuan Bonds at Record Low Yields China sold long-dated yuan-denominated sovereign bonds in Hong Kong at record-low yields, underscoring strong demand from global investors for the offshore issuance. Auctions of 15-year and 30-year notes worth one billion yuan ($148 million) each were priced at 1.99% and 2.24%, respectively, according to a statement from the Ministry of Finance on Wednesday.

China Sells Long-Dated Offshore Yuan Bonds at Record Low Yields China sold long-dated yuan-denominated sovereign bonds in Hong Kong at record-low yields, underscoring strong demand from global investors for the offshore issuance. Auctions of 15-year and 30-year notes worth one billion yuan ($148 million) each were priced at 1.99% and 2.24%, respectively, according to a statement from the Ministry of Finance on Wednesday.
China Sells Long-Dated Offshore Yuan (ORG) China (LOCATION) Hong Kong (LOCATION) the Ministry of Finance (ORG)
Originally published by Bloomberg Markets Read original →