Treasury bonds issued in Hong Kong

Seven billion yuan (1.14 billion U.S. dollars) worth of treasury bonds was issued to institutional investors in Hong Kong on Thursday, the Ministry of Finance said.

Thursday's issuance includes 5 billion yuan in three-year bonds and 2 billion yuan in five-year bonds.

The issuance is part of the ministry's program to issue 10 billion yuan in bonds in Hong Kong. The remaining 3 billion yuan will be issued in two-year bonds to individual investors in Hong Kong between Friday, Nov. 22 and Dec. 5.

A total of 23 billion yuan in treasury bonds will be issued in Hong Kong, including 13 billion yuan in treasury bonds issued there on June 26.