People walk along a promenade along Victoria Harbour in Hong Kong on July 11, 2023. (PHOTO / AFP)

BEIJING — China's Ministry of Finance issued yuan-denominated treasury bonds worth a total of 12 billion yuan (about $1.68 billion) in the Hong Kong Special Administrative Region on Wednesday.

The issuance included 6 billion yuan of two-year bonds, 3 billion yuan of three-year bonds, and 3 billion yuan of 5-year bonds, according to the ministry.

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The bonds' respective interest rates are 2.22 percent, 2.3 percent and 2.52 percent.

A total of 30 billion yuan of yuan-denominated treasury bonds will be issued in Hong Kong this year, the ministry has said.