Updated: PBoC again opts for curious timing with third bills issuance
![RMB bank note 230 x 150](https://assets.euromoneydigital.com/dims4/default/478faed/2147483647/strip/true/crop/230x150+0+0/resize/840x548!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Fa9%2Fbe%2Fd37245871bf83d30e84caad0c308%2Frmb-bank-note-230-x-150.jpg)
The People’s Bank of China (PBoC) sold a three month Rmb10bn ($1.48bn) tranche and a one year Rmb10bn tranche in Hong Kong on May 15, Hong Kong Monetary Authority (HKMA) said on Wednesday. The central bank has again chosen an interesting time for the announcement and the tender.
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