The People's Bank of China will issue Renminbi central bank bills through the Central Moneymarkets Unit (CMU) of the Hong Kong Monetary Authority.

On September 22, 2025, the People's Bank of China will issue the 7th series of central bank bills for the year 2025 through the Hong Kong Monetary Authority's debt instrument central clearing system bond tender platform. The 7th series of central bank bills have a maturity of 6 months, are fixed-rate interest-bearing bonds, and will be repaid at maturity with interest. The issuance amount is 60 billion yuan, with an interest start date of September 24, 2025, and a maturity date of March 25, 2026, which will be postponed in case of holidays. The face value of the 7th series of central bank bills is 100 yuan, and they will be issued through a Dutch auction with the bid target being the interest rate.