Free Trial

China's issuance of CNY1 trillion in....>

CHINA PRESS
CHINA PRESS: China's issuance of CNY1 trillion in special anti-Covid-19 treasury
bonds will begin in mid-June and will be completed by the end of July, the 21st
Century Business Herald reported. Citing an unnamed bond investor in Beijing,
the Herald said the issuance would be CNY700 billion 10-year notes, in addition
to CNY200 billion 5-year and CNY100 billion 7-year notes. Zhang Xu, chief fixed
income analyst at Everbright Securities, told the Herald the PBOC is likely to
cut the reserve requirement ratio by end-June to fill the liquidity gap caused
by the bond issuance. 

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.