PBoC goes tight on second CNH bill auction

Rebecca Feng

February 13, 2019 09:15 am

pboc 230px. — People walk past the China's central bank or People's Bank of China in Beijing Tuesday, Aug. 11, 2015. China devalued its tightly controlled currency on Tuesday following a slump in trade, triggering the yuan's biggest one-day decline in a decade. (AP Photo/Andy Wong) | Andy Wong/AP/Press Association Images

The People's Bank of China held the tender of its second offshore renminbi issuance in Hong Kong on February 13. Both the Rmb10bn three-month note and the Rmb10bn one-year note were priced significantly lower than the first auction in November.

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Asia Market news China People and Markets Market News Hong Kong SAR Asia Greater China China Bonds Northeast Asia China Asia Pacific EM People and Markets Emerging Markets China People and Markets

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Rebecca Feng