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Mainland to sell 8b yuan of bonds in HKi

Mainland to sell 8b yuan of bonds in HKi

Write: Melun [2011-05-20]

BEIJING - Chinse mainland will issue eight billion yuan worth of bonds in Hong Kong to stimulate the fledgling market in yuan-denominated debt in the territory, the Ministry of Finance said on Monday.

The Ministry of Finance will sell five billion yuan of debt to institutional investors, broken down as follows:

Mainland    to sell 8b yuan of bonds in HKiUS companies still want to do business>