BEIJING - China's Ministry of Finance on Wednesday issued this year's third batch of yuan-denominated treasury bonds -- worth a total of 12.5 billion yuan (about $1.74 billion) -- in the Hong Kong Special Administrative Region (HKSAR).

READ MORE: T-bonds worth 1.3 trln yuan to be issued

The issuance included 3.5 billion yuan of two-year bonds, 3 billion yuan of three-year bonds, 3 billion yuan of five-year bonds, and 3 billion yuan of 10-year bonds, according to the ministry. These bonds have respective interest rates of 1.49 percent, 1.52 percent, 1.6 percent, and 1.75 percent.

This latest issuance has been well-received among investors, with the total bid amount coming in at 3.96 times the amount in circulation, the ministry said.

ALSO READ: Fitch affirms Hong Kong’s ‘AA-’ credit rating, ‘stable outlook’

Last month, it announced that it would issue six batches of yuan-denominated treasury bonds in the HKSAR this year, with all six batches totaling 68 billion yuan.