人民银行将在香港发行600亿元央行票据

Core Points - The People's Bank of China (PBOC) will issue the seventh phase of central bank bills through the Hong Kong Monetary Authority's Central Moneymarkets Unit (CMU) on September 22, 2025 [1] - The bills will have a term of 6 months (182 days) with a total issuance amount of 60 billion RMB [1] - The face value of each bill is set at 100 RMB, and the issuance will adopt a Dutch auction method [1] Summary by Category - Issuance Details - The issuance date is September 22, 2025, with an interest start date of September 24, 2025, and a maturity date of March 25, 2026 [1] - The bills are fixed-rate interest-bearing bonds that will repay principal and interest at maturity [1] - Market Impact - This initiative aims to enrich the high-credit-quality RMB financial products in Hong Kong and improve the RMB yield curve [1]