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China central bank to issue bills in Hong Kong in late June

SHANGHAI, June 11 (Reuters) - China's central bank said on Tuesday it will sell yuan-denominated bills in Hong Kong in late June, the fourth sale of such offshore bills in the city.

The People's Bank of China said the bill auction in Hong Kong is aimed at improving the yuan bond yield curve in the financial hub, according to a statement on its website.

The PBOC did not elaborate on the bill auction plan. (Reporting by Winni Zhou, David Stanway and Wang Jing Editing by Shri Navaratnam)