FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

CHINA PRESS: China Still Likely To Add Gov Bonds In Q4 - Analysts

CHINA PRESS
EM BulletAPACChinaEmerging Market NewsBulletGlobalFixed Income BulletsForeign Exchange BulletsRegionMarkets

Chinese authorities are likely to issue additional treasury bonds or special treasuries of about CNY1.5-2 trillion in Q4, 21st Century Business Herald reported citing analysts. Zhou Junzhi, chief macro analyst at CSC Financial, said any additional bond issuance within CNY3 trillion would not bring about additional government spending, but only meet the budget fiscal expenditure set earlier this year. More supporting policies in supplementing bank capital, resolving local government off-balance sheet debt, boosting consumption, and subsidising low-income groups are expected, said Ming Ming, chief economist at CITIC Securities, without estimating the possible scale.

93 words

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.

Chinese authorities are likely to issue additional treasury bonds or special treasuries of about CNY1.5-2 trillion in Q4, 21st Century Business Herald reported citing analysts. Zhou Junzhi, chief macro analyst at CSC Financial, said any additional bond issuance within CNY3 trillion would not bring about additional government spending, but only meet the budget fiscal expenditure set earlier this year. More supporting policies in supplementing bank capital, resolving local government off-balance sheet debt, boosting consumption, and subsidising low-income groups are expected, said Ming Ming, chief economist at CITIC Securities, without estimating the possible scale.