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Belt and Road Initiative – Hong Kong the Gateway for RMB Internationalization

Belt and Road Initiative – Hong Kong the Gateway for RMB Internationalization

Many analysts have come to view BRI as a diplomatic offensive with geopolitical motives. However, the initiative is primarily driven by the Middle Kingdom’s pressing need to transform its national economy through further integration with the world.

Hong Kong Monetary Authority Announces Results of RMB Sovereign Bond Tenders

Hong Kong Monetary Authority Announces Results of RMB Sovereign Bond Tenders

HKMA releases tender results for 2-year RMB Sovereign Bonds.

Hong Kong Monetary Authority Announces Results of RMB Bills Tender

Hong Kong Monetary Authority Announces Results of RMB Bills Tender

The Hong Kong Monetary Authority revealed the results of the People’s Bank of China RMB Bills tender held on June 19, 2024.

Hong Kong Monetary Authority Announces Results of RMB Sovereign Bond Tenders

Hong Kong Monetary Authority Announces Results of RMB Sovereign Bond Tenders

Hong Kong Monetary Authority released the results of the RMB Sovereign Bond tenders held on July 10, 2024, highlighting significant details of the issuance.

Hong Kong Monetary Authority Announces Results of RMB Sovereign Bond Tenders

Hong Kong Monetary Authority Announces Results of RMB Sovereign Bond Tenders

The Hong Kong Monetary Authority has revealed the outcomes of the RMB Sovereign Bond tenders held on 14 August 2024.

Hong Kong Monetary Authority Announces Tender Results for PBOC RMB Bills

Hong Kong Monetary Authority Announces Tender Results for PBOC RMB Bills

The Hong Kong Monetary Authority (HKMA) announced the results of the tenders for the People's Bank of China (PBOC) RMB Bills held on 21 August 2024.

Hong Kong Monetary Authority Announces Results of RMB Sovereign Bond Tender

Hong Kong Monetary Authority Announces Results of RMB Sovereign Bond Tender

The Hong Kong Monetary Authority disclosed the results of its RMB sovereign bond tender held on October 16, 2024, revealing significant interest in its 2-year bonds.

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

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.

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

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 Reveals Results of 2-Year RMB Bond Tender

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%.

HKMA Announces Results of 5-Year RMB Government Bonds Tender

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%.

HKMA Announces Results of 1-Year RMB Government Bond Tender

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.

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