China's Ministry of Finance (MOF) issued 12 billion yuan of RMB-denominated Treasury bonds in Hong Kong on Thursday. The total comprised 10 billion yuan in 3-year, 5-year, 10-year and 20-year bonds placed to local institutional investors at 3.29 percent, 3.40 percent, 3.31 percent and 4.00 percent annual yields, and 2 billion yuan in 3-year Treasuries sold to five foreign central banks and regional monetary authorities at 3.29 percent annualized yield. Besides, the ministry will auction another 2 billion yuan worth of 2-year T-bonds to Hong Kong residents.
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