China to Sell Up to $4 Billion Sovereign Bonds in Hong Kong

China plans to sell up to $4 billion dollar-denominated government bonds in Hong Kong, a move that can help create a more reliable yield curve in the offshore market.

The Ministry of Finance will sell the debt on Nov. 3 and it will release more details on the offering leading up to the issuance, according to a statement. It would mark China’s first dollar sale in the city since 2021, when it offered a similar amount of notes.