BEIJING - China's central bank said Wednesday that it will issue 10 billion yuan (about US$1.4 billion) of bills in Hong Kong on June 23.

The bills will be issued through a platform of the Hong Kong Monetary Authority, according to a statement on the website of the People's Bank of China.

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Maturing in six months, the bills are this year's sixth batch issued by the PBOC, said the statement.

The move aims to enrich yuan-investment products with high credit ratings in Hong Kong and improve the yield curve of yuan bonds, it added.

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