Core Viewpoint - The Ministry of Finance of the People's Republic of China has successfully issued the fifth phase of RMB bonds in Hong Kong, reflecting strong investor demand and a systematic approach to bond issuance [1][2][3] Group 1: Issuance Details - On October 15, 2023, the Ministry of Finance issued RMB 11 billion in bonds with a subscription multiple of 3.13 times, including 2-year bonds at 1.50%, 3-year bonds at 1.51%, and 5-year bonds at 1.70% [1] - The total planned issuance for the year is RMB 68 billion, with 89.7% of this target already achieved, totaling RMB 61 billion issued to date [1][2] Group 2: Market Impact - The continuous issuance of RMB bonds in Hong Kong is a key measure for deepening financial cooperation between the mainland and Hong Kong, as well as promoting the internationalization of the RMB [2][3] - The increase in issuance scale from RMB 55 billion in 2024 to RMB 68 billion in 2023, along with an earlier issuance start date, indicates a positive response to market demand [2][3] Group 3: Investor Sentiment - The strong demand for RMB bonds reflects a significant increase in international investor confidence, contributing to greater capital inflow and trading activity in Hong Kong's financial market [3][4] - The issuance strategy is seen as a precise response to current international capital allocation needs, enhancing the global standing of Hong Kong's financial market [4]
财政部在香港发行110亿元人民币国债 年内发行进度已近90%
Zheng Quan Ri Bao Wang·2025-10-16 07:45