第十期中央银行票据面值为人民币100元，采用荷兰式招标方式发行，招标标的为利率。 （文章来源：新华财经） 新华财经北京12月18日电为丰富香港高信用等级人民币金融产品，完善香港人民币收益率曲线，根据中 国人民银行与香港金融管理局签署的《关于使用债务工具中央结算系统发行中国人民银行票据的合作备 忘录》，2025年12月22日（周一）中国人民银行将通过香港金融管理局债务工具中央结算系统 （CMU）债券投标平台，招标发行2025年第十期中央银行票据。 第十期中央银行票据期限6个月（182天），为固定利率附息债券，到期还本付息，发行量为人民币400 亿元，起息日为2025年12月24日，到期日为2026年6月24日，到期日遇节假日顺延。 ...

12月18日金融一线消息，央行官网显示，为丰富香港高信用等级人民币金融产品，完善香港人民币收益 率曲线，根据中国人民银行与香港金融管理局签署的《关于使用债务工具中央结算系统发行中国人民银 行票据的合作备忘录》，2025年12月22日（周一）中国人民银行将通过香港金融管理局债务工具中央结 算系统（CMU）债券投标平台，招标发行2025年第十期中央银行票据。 第十期中央银行票据期限6个月（182天），为固定利率附息债券，到期还本付息，发行量为人民币400 亿元，起息日为2025年12月24日，到期日为2026年6月24日，到期日遇节假日顺延。 第十期中央银行票据面值为人民币100元，采用荷兰式招标方式发行，招标标的为利率。 第十期中央银行票据面值为人民币100元，采用荷兰式招标方式发行，招标标的为利率。 责任编辑：王馨茹 责任编辑：王馨茹 12月18日金融一线消息，央行官网显示，为丰富香港高信用等级人民币金融产品，完善香港人民币收益 率曲线，根据中国人民银行与香港金融管理局签署的《关于使用债务工具中央结算系统发行中国人民银 行票据的合作备忘录》，2025年12月22日（周一）中国人民银行将通过香港金融管理局债务工 ...

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].

Core Viewpoint - The People's Bank of China (PBOC) is set to issue the seventh phase of central bank bills in Hong Kong to enhance the RMB yield curve and provide high credit-rated RMB financial products [1] Group 1: Issuance Details - The PBOC will issue the seventh phase of central bank bills on September 22, 2025, through the Hong Kong Monetary Authority's debt instrument central settlement system [1] - The bills will have a term of 6 months (182 days) and will be fixed-rate interest-bearing bonds, with a total issuance amount of RMB 60 billion [1] - The effective date for the bills is September 24, 2025, and the maturity date is March 25, 2026, with the maturity date being adjusted for public holidays [1] Group 2: Auction Methodology - The face value of each central bank bill is RMB 100, and the issuance will adopt a Dutch auction method [1] - The auction will focus on interest rates as the bidding target [1]

Core Points - The People's Bank of China (PBOC) announced the issuance of central bank bills in Hong Kong to enhance the RMB yield curve and provide high credit-rated RMB financial products [1] - The issuance will occur on August 25, 2025, through the Central Moneymarkets Unit (CMU) bond bidding platform [1] Summary by Categories Issuance Details - The fifth issue of central bank bills will have a term of 3 months (91 days), with a total issuance amount of RMB 30 billion, starting from August 27, 2025, and maturing on November 26, 2025 [1] - The sixth issue will have a term of 1 year, with an issuance amount of RMB 15 billion, starting from August 27, 2025, and maturing on August 27, 2026 [1] - Both issues will have a face value of RMB 100 and will be issued using a Dutch auction method, with the bidding focused on interest rates [1]