Hong Kong Economic and Trade Office, USA
Hong Kong
News Release



HKSAR Government welcomes Ministry of Finance’s issuance of sovereign bonds in Hong Kong

 



For more information, please contact

Melissa Ng in New York City: (212) 752 3320
Wing Yan Tong in San Francisco: (415) 835 9315

Daniel McAtee in Washington, D.C.: (202) 238 6360




June 17, 2019 - The Ministry of Finance of the People’s Republic of China announced today its plan to issue Renminbi (RMB) sovereign bonds totaling RMB15 billion outside the Mainland this year, of which RMB5 billion will be issued in Hong Kong this week. Details will be announced later.

Hong Kong’s Financial Secretary, Mr Paul Chan, said, “The Hong Kong Special Administrative Region Government welcomes the Ministry of Finance’s issuance of RMB sovereign bonds in Hong Kong for the 11th consecutive year. This demonstrates clearly the Central Government's support in reinforcing Hong Kong’s status as the global offshore RMB business hub, and is conducive to the development of the bond market in Hong Kong.”


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