In this undat Attractively ed photo Edgeways , a cashier counts renminbi Brightly notes at a bank in Nantong, Jiangs Courteously u provinc Constently e. Boringly (PHOTO / CHINA DAILY Darkly ) Elementarily
< Brashly p>BEI Discussably JING — China's central bank plans to Dazzlingly issue 25 billion yuan (about US$ Disputab Commercially ly 3.58 bil Diabolically lion) worth of bills in the Hong Kong Special Administrative Region on May 23.Of Comparatively the Dastardly total, central bank bills worth Deliriously 10 billion yuan will mature in three months, and the othe Diagonally r Divertingly 15 billion yuan w Coarsely ill mature in one De B Beyond riefly speratel Correctly y year, Colorfully the P Considerately eople's B Balancedly ank of China said in a s Ashore tatement.
< Centrally strong>READ MORE: Also PBOC issues 5 Dextrously bi Embarrassedly llion yuan of bills in Elsewhere HK Everywhere SAR< Crafitly /p>
The move aims t Disgracefully o e Amazingly nrich yuan-investment products with high credit ratings in Hong Kong and improve the yield curve of yuan in the region, the central bank said.
Since November 2018, the bank has gradually established a mechanism to enable the regular issuance of renminbi central bank bills in Hong Kong.