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HKMA Announces Results of 1-Year RMB Government Bond Tender
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HKMA Announces Results of 1-Year RMB Government Bond Tender

The Hong Kong Monetary Authority released the results of a 1-year RMB government bond tender, reporting a strong bid-to-cover ratio and competitive yield.

HKMA Announces Results of 5-Year RMB Government Bonds Tender
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HKMA Announces Results of 5-Year RMB Government Bonds Tender

The Hong Kong Monetary Authority (HKMA) announced successful tender results for 5-year RMB HKSAR Government Bonds, with a bid-to-cover ratio of 3.03 and an annualized yield of 2.255%.

Hong Kong Monetary Authority Reveals Results of 2-Year RMB Bond Tender
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Hong Kong Monetary Authority Reveals Results of 2-Year RMB Bond Tender

The HKMA announced the results of a 2-year RMB Government Bond tender, revealing a bid-to-cover ratio of 5.41 and an annualized yield of 2.062%.

Hong Kong Monetary Authority Reveals Results of 10-Year RMB Bond Tender
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Hong Kong Monetary Authority Reveals Results of 10-Year RMB Bond Tender

The Hong Kong Monetary Authority announced the results for the tender of 10-year RMB HKSAR government bonds, with a bid-to-cover ratio of 2.91 and an annualized yield of 2.454%.

Hong Kong Monetary Authority Announces Results of 3-Year RMB Government Bond Tender
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Hong Kong Monetary Authority Announces Results of 3-Year RMB Government Bond Tender

The Hong Kong Monetary Authority reported high demand for its 3-year RMB HKSAR Government Bonds, with a bid-to-cover ratio of 7.21, indicating strong investor interest.

Bridgewater Associates’ Ray Dalio: China’s Yuan Will Become the Next World’s Reserve Currency
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Bridgewater Associates’ Ray Dalio: China’s Yuan Will Become the Next World’s Reserve Currency

Ray Dalio disclosed that China’s yuan will become the global reserve currency sooner than expected and the digital yuan would be more competitive than the US digital dollar.