RMB Bonds Are Subscribed For &Nbsp In Hong Kong, And The Coupon Interest Rate Is Low.

Ministry of finance of People's Republic of China Hong Kong The 15 billion yuan treasury bonds issued by institutional investors yesterday (August 17th) were issued through the tender invitation platform of the central bank clearing system (CMU) debt instrument of the monetary authority. The total purchase amount was up to 69 billion 400 million, and the coupon interest rate also hit a new low.

Li Keqiang, vice premier of the State Council, launched in Hongkong yesterday. National debt Release ceremony. In the national "12th Five-Year plan" and the development forum for economic and trade cooperation between the two countries, he said that the issuance of RMB bonds would serve as a long-term institutional arrangement and gradually expand the scale of issuance, thus promoting the development of Hongkong's bond market. He also said that the issue of 20 billion yuan of treasury bonds, of which 5 billion for individual investors, so that more Hongkong residents have the opportunity to participate in investment.

Li Yong, Vice Minister of finance, said in Hong Kong yesterday that the amount of the 15 billion yuan treasury bonds issued by institutional investors exceeded the level of 49 billion 300 million yuan last year, which is 4.6 times the amount issued. Li Yong said that the 2 year 5 billion yuan treasury bonds issued for individual investors will be on sale on August 18th ~31 in Hong Kong, with a coupon rate of 1.6%.

Ceng Junhua, the financial secretary of the Hongkong Special Administrative Region, said at the launching ceremony yesterday that the issuance of the Treasury bonds was large and the annual structure was rich. It could expand the scale of the RMB bond market in Hongkong and provide pricing reference for other RMB bonds. He said that in the context of global financial turmoil, the RMB bond is a high-quality and safe investment tool. The purchase response is enthusiastic, and the coupon rate of the three year treasury bonds is as low as 0.6%.

The Treasury bonds issued for institutional investors. Amount of money From 5 billion yuan last year to 15 billion yuan, the bidding response is even more enthusiastic. Among them, the 3 year 6 billion yuan treasury bond coupon rate is 0.6%; the 5 year period 5 billion yuan national debt, the coupon rate is 1.4%; 7 year 3 billion yuan national debt coupon rate is 1.94%; 10 year 1 billion yuan national debt coupon rate is 1 billion.

The tender results show that the Bank of communications is the most successful Chinese bank in winning the bid, and the successful bidder also includes the Macao Special Administrative Region government.

After the ceremony, the president of Hongkong Bank of China and Guangbei said that the development of the secondary market of RMB bonds is not yet mature. The Treasury's regular issuance of bonds in Hongkong can promote the development of the secondary market and consolidate the status of Taiwan as an offshore center for RMB.