China’s central bank will bill Hong Kong for 25 billion yuan over the next few days.
The bank said that of the total bills mentioned, 10 billion yuan will be billed to the central bank in three months, and the other 15 billion yuan will be due in one year.
The move aims to enrich Hong Kong’s high credit rating yuan investment products and improve the region’s yuan yield curve.
Since 2028, China’s central bank has gradually set up a mechanism to enable it to issue regular invoices for Hong Kong’s central bank in yuan.