HKSAR gov't welcomes issuance of bonds in Hong Kong by Guangdong province


HONG KONG, Sept. 5 (Xinhua) -- The Hong Kong Special Administrative Region (HKSAR) government welcomed the People's Government of Guangdong Province's announcement on Thursday that they will issue offshore Chinese yuan (CNY) local government bonds in Hong Kong, which will be listed on the Stock Exchange of Hong Kong.

Guangdong Province will issue the bonds not exceeding 5 billion yuan this month. The bonds will be issued in two-year tenor, three-year tenor and five-year tenor.

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