Core Viewpoint - The People's Bank of China (PBOC) is set to issue the eighth and ninth phases of central bank bills in Hong Kong to enhance the availability of high-credit-rated RMB financial products and improve the RMB yield curve in Hong Kong [3]. Group 1: Central Bank Bills Issuance - The eighth phase of central bank bills will have a term of 3 months (91 days), with a fixed interest rate, a total issuance amount of RMB 30 billion, and will mature on February 25, 2026 [3]. - The ninth phase of central bank bills will have a term of 1 year, also with a fixed interest rate, a total issuance amount of RMB 15 billion, and will mature on November 26, 2026 [3]. - Both phases of the central bank bills will have a face value of RMB 100 and will be issued through a Dutch auction method, with the bidding subject being the interest rate [3].
央行招标发行2025年第八期和第九期中央银行票据
Sou Hu Cai Jing·2025-11-20 06:45