China's central bank to issue 10 billion yuan of bills in Hong Kong

BEIJING, Dec. 20 (Xinhua): China's central bank plans to issue 10 billion yuan (US$1.53 billion) worth of bills in Hong Kong on Wednesday (Dec 23).

Dutch bidding will be adopted as the tender mode for the fixed-rate bill, which will come with a par value of 100 yuan and repay principal and interest upon maturity of six months, the People's Bank of China said in an online statement.