May 15, 2019 / 4:23 AM / 2 months ago

China c.bank sells 20 bln yuan of offshore bills in Hong Kong

SHANGHAI, May 15 (Reuters) - The People’s Bank of China said it sold 20 billion yuan ($2.91 billion) of bills in Hong Kong on Wednesday.

A 10 billion yuan three-month tranche was priced at a coupon of 3%, while a one-year tranche, also worth 10 billion yuan, came in with a coupon of 3.1%, the central bank said in a statement. ($1 = 6.8725 Chinese yuan) (Reporting by Andrew Galbraith Editing by Jacqueline Wong)

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