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Hong Kong to Conduct Tender for 2-Year RMB Government Bonds
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Hong Kong to Conduct Tender for 2-Year RMB Government Bonds

The Hong Kong Monetary Authority announces a tender for 2-year RMB HKSAR Institutional Government Bonds on November 14, 2024, with a total offering of RMB1.0 billion.

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.

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