Yields expected tighter than secondary in MoF dim sum auction

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Yields expected tighter than secondary in MoF dim sum auction

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Analysts are expecting a very strong reception to today's auction of offshore renminbi China government bonds (CGBs) by the Chinese Ministry of Finance. The result of the auction, which sees some Rmb14bn ($2.3bn) of bonds offered across six tenors, will be announced by 5pm Hong Kong time.

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