Windhoek: China’s Ministry of Finance on Wednesday issued this year’s fifth batch of renminbi-denominated treasury bonds in the Hong Kong Special Administrative Region.
According to Namibia Press Agency, the scale of the bonds stood at 11 billion yuan (about 1.55 billion U.S. dollars), comprising 4 billion yuan of two-year bonds, 4 billion yuan of three-year bonds, and 3 billion yuan of five-year bonds.
The ministry plans to issue six batches of renminbi treasury bonds in Hong Kong in 2025, with a total issuance size of 68 billion yuan.