New batch of one-year exchange fund bills obtains 3.78-time subscription
Hong Kong Monetary Authority announced that the new batch of one-year exchange fund bills was worth HK$1.3 bln and obtained 3.78-time over-subscription, with average acceptance yield standing at 3.69%. Another batch of 3-month exchange fund bills worth HK$2.502 bln got 5.57-time over-subscription while the average acceptance yield was 3.37%.
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