(Yicai Global) Aug. 6 -- The People's Bank of China will issue CNY30 billion (USD4.26 billion) in central bank bills in Hong Kong on Aug. 14.

This float will comprise a CNY20 billion three-month bond and a one-year note of CNY10 billion, PBOC announced today.

This issue will improve the yield curves of yuan-backed bonds in Hong Kong, the central bank said.

Editor: Ben Armour