February 7, 2020 / 1:58 AM / 20 days ago

China's central bank to sell 30 bln yuan offshore bills

BEIJING/SHANGHAI, Feb 7 (Reuters) - China central bank said on Friday it will issue 30 billion yuan ($4.3 billion) in offshore bills in Hong Kong on Feb. 13.

The People’s Bank of China will offer a 20 billion yuan three-month tranche, coupled with 10 billion yuan of one-year bills, it said in a statement on Friday.

$1 = 6.9806 yuan Reporting by Beijing Monitoring Desk and Winni Zhou in Shanghai; Writing by Noah Sin in Hong Kong; Editing by Tom Hogue

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