Politics
China Offshore Yuan Bonds Priced at Record Lows Amid Rally
Key Points
China Offshore Yuan Bonds Priced at Record Lows Amid Rally China sold government bonds in Hong Kong at record-low yields for most maturities, as offshore yields tracked a rally in the onshore debt market. The finance ministry sold 15.5 billion yuan ($2.3 billion) of notes Friday, with yields on the two-, five- and 10-year securities falling to all-time lows, data compiled by Bloomberg show. The yield on the three-year debt slipped to the lowest since 2011.
China Offshore Yuan Bonds Priced at Record Lows Amid Rally
China sold government bonds in Hong Kong at record-low yields for most maturities, as offshore yields tracked a rally in the onshore debt market.
The finance ministry sold 15.5 billion yuan ($2.3 billion) of notes Friday, with yields on the two-, five- and 10-year securities falling to all-time lows, data compiled by Bloomberg show. The yield on the three-year debt slipped to the lowest since 2011.