February 13, 2020 / 5:00 AM / 8 days ago

China's central bank sells 30 bln yuan of bills offshore

BEIJING/SHANGHAI, Feb 13 (Reuters) - China’s central bank said on Thursday it had issued 30 billion yuan ($4.30 billion) of offshore bills in Hong Kong.

The People’s Bank of China priced a 20 billion yuan three-month tranche at a coupon of 2.55%, and sold another 10 billion yuan of one-year bills at 2.60%, the Hong Kong Monetary Authority said in a statement on Feb. 13.

The offshore yuan was 0.11% weaker at 6.9834 per dollar at 0453 GMT.

$1 = 6.9802 Chinese yuan renminbi Reporting by Beijing Monitoring Desk and Winni Zhou in Shanghai; Writing by Noah Sin; Editing by Kim Coghill

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