HONG KONG – The Hong Kong Monetary Authority (HKMA) announced on Monday that the People's Bank of China (PBOC) will issue six-month Renminbi Bills through the HKMA's Central Moneymarkets Unit.

According to the HKMA, the six-month RMB bills, totaling 60 billion yuan (about $8.95 billion), will mature and pay interest on March 29, 2027.

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Tendering for the bills will take place on Sept 23 this year, with settlement on Sept 28.