MoF halves 2017 CNH bond auction, preps rare dollar deal
China's Ministry of Finance announced on Tuesday that it will be issuing a total of Rmb14bn ($2.06bn) of offshore renminbi treasury bonds this year, and will also sell its first dollar deal in over a decade in the second half.
MoF will issue the CNH bonds in two rounds — one this month and the other in the second half of the year, each worth Rmb7bn, according to the announcement. Details of the tenors have not yet been revealed, but this will be its smallest issuance since 2010.
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