China's Ministry of Finance Issues 15 Billion Yuan in RMB Bonds in Hong Kong on August 5, Receives 4.67x Subscription

On August 5, China's Ministry of Finance issued 15 billion yuan in RMB-denominated government bonds in Hong Kong targeting institutional investors, receiving strong demand with a subscription ratio of 4.67 times. The issuance is part of efforts to meet international capital allocation needs and strengthen the offshore RMB benchmark yield curve.
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