China's Ministry of Finance (MOF) has been nodded by the cabinet - the State Council to issue 28 billion yuan-denominated Treasuries in Hong Kong this year.
MOF will raise via the T-bond issues 14 billion yuan from institutional investors, foreign central banks and regional monetary authorities on May 20 and the remaining 14 billion yuan from institutional investors and residents in Hong Kong in the second half year.
Besides, MOF said yuan-denominated Treasury bonds would continue to be quoted on the Hong Kong Stock Exchange for trading after issuance in 2015.
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