MoF preps dollar bond, halves CNH auction

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MoF preps dollar bond, halves CNH auction

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3d illustration of dollar versus yuan on checkerboard | ninever - Fotolia

The Hong Kong Monetary Authority (HKMA) has released details of China’s first offshore renminbi auction of the year, following the Ministry of Finance’s announcement earlier this week that it is looking for Rmb14bn ($2.06bn) of CNH treasury bonds, and also planning its first dollar deal in over a decade.

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