人民币，大消息！

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 Hong Kong [2][3]. Group 1: 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 [2][3]. - The eighth phase of the central bank bill has a term of 3 months (91 days), with a total issuance amount of RMB 30 billion, starting from November 26, 2025, and maturing on February 25, 2026 [3]. - The ninth phase has a term of 1 year, with an issuance amount of RMB 15 billion, starting from November 26, 2025, and maturing on November 26, 2026 [3][4]. Group 2: Auction Details - Both phases of the central bank bills will have a face value of RMB 100 and will be issued using a Dutch auction method, with the bidding focused on the interest rate [4].