BEIJING, March 20 (Xinhua) -- China's central bank said Friday that it would issue 10 billion yuan (about 1.43 billion U.S. dollars) of bills in Hong Kong on March 26.

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The bills, which will mature in six months, are the third batch issued by the People's Bank of China (PBOC), the central bank, this year, according to a statement on the website of the PBOC. 

The move aims to enrich yuan-investment products with high credit ratings in Hong Kong and improve the yield curve of yuan bonds, it added.

Since November 2018, the central bank has established a normal mechanism of issuing central bank bills in Hong Kong. Last month, the first two batches totaling 30 billion yuan were issued in the city.