Core Viewpoint - The People's Bank of China (PBOC) is set to issue two new central bank bills in Hong Kong to enhance the availability of high-credit-rated RMB financial products and improve the RMB yield curve in the region [1] Summary by Sections Central Bank Bills Issuance - The PBOC will issue the eighth and ninth phases of central bank bills on November 24, 2025, through the Hong Kong Monetary Authority's Central Maturity Unit (CMU) bond bidding platform [1] - The eighth phase of the central bank bill has a term of 3 months (91 days), with a fixed interest rate and a total issuance amount of RMB 30 billion [1] - The ninth phase has a term of 1 year, also with a fixed interest rate, and a total issuance amount of RMB 15 billion, with interest paid semi-annually [1] Key Dates and Terms - The start date for both bills is November 26, 2025, with the eighth phase maturing on February 25, 2026, and the ninth phase maturing on November 26, 2026 [1] - Both bills have a face value of RMB 100 and will be issued using a Dutch auction method, with the bidding focused on interest rates [1]
中国人民银行将于11月24日发行合计450亿元人民币央行票据
Sou Hu Cai Jing·2025-11-20 02:02