Free Trial

Banks are starting to increase bond.....>

CHINA PRESS
CHINA PRESS: Banks are starting to increase bond holdings again as interbank
liquidity becomes looser and capital costs fall, the 21st Century Business
Herald reported Wednesday. A net CNY1.8 trillion was raised in the bond market
in July -- the highest since July 2016 -- after it fell in May, the report said.
Total bond issuance reached as much as CNY3.94 trillion in July -- the most
since March 2106, it said. Financial institutions are actively holding bonds
after demand was restricted by tight interbank-transaction regulations in the
first half of the year. In the second half of the year banks will increase bond
buying, the report said. (21st Century Business Herald)

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.