Govt to sell $1.2b in bonds
By Belinda Cao | China Daily | Updated: 2010-11-23 08:11
|
A man walks past an HSBC branch in Hong Kong. HSBC forecast this month that yuan deposits in Hong Kong will exceed 400 billion yuan ($60.25 billion) within three years. Liu Zhaoming / for China Daily |
BEIJING - The Ministry of Finance will sell 8 billion yuan ($1.2 billion) of bonds in its second such sale in Hong Kong, boosting the availability of offshore investment products as appreciation prospects spur demand for the currency.
Photo
