May 14, 2020 / 4:54 AM / 24 days ago

China's central bank sells 30 bln yuan offshore bills

BEIJING/HONG KONG, May 14 (Reuters) - The People’s Bank of China issued 30 billion yuan ($4.2 billion) of offshore bills in Hong Kong on Thursday, the Hong Kong Monetary Authority announced on its website.

The PBOC priced a 20 billion yuan three-month bill with a coupon of 1.77% and a 10 billion yuan one-year note at 1.78%.

$1 = 7.0960 yuan Reporting by Judy Hua in Beijing and Noah Sin in Hong Kong; Editing by Tom Hogue

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