Free Trial
EUROZONE T-BILL ISSUANCE

Q4 Bubill calendar changes

EUROZONE ISSUANCE

German Q4 issuance: E10.5bln more cap mkt, E12bln more bubills

FOREX

FX OPTION EXPIRY

GILT SYNDICATION

1.50% Jul-53 Green gilt: Books open

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

MNI STATE OF PLAY:China 5-Yr LPR Eyed As Policy Turns Cautious

China‘s central bank is keeping a sharper eye on price trends and the pace of economic recovery in reviewing policy settings.

True

China’s reference lending rate may see a cut in the five-year tenor later this year but conditions are cautious now as bank interest margins narrow, and rising inflation and accelerating economic recovery keeps policy in check, market analysts said.

The Loan Prime Rate, based on the rate of PBOC’s Medium-term Lending Facility and quotes submitted by 18 banks, remained MNI BRIEF: China July Loan Prime Rate Kept Unchanged at 3.70% for the one-year maturity and 4.45% for five years on Wednesday, (See: MNI STATE OF PLAY: China LPR Seen Steady As Deposit Rates Key).

Keep reading...Show less
455 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

China’s reference lending rate may see a cut in the five-year tenor later this year but conditions are cautious now as bank interest margins narrow, and rising inflation and accelerating economic recovery keeps policy in check, market analysts said.

The Loan Prime Rate, based on the rate of PBOC’s Medium-term Lending Facility and quotes submitted by 18 banks, remained MNI BRIEF: China July Loan Prime Rate Kept Unchanged at 3.70% for the one-year maturity and 4.45% for five years on Wednesday, (See: MNI STATE OF PLAY: China LPR Seen Steady As Deposit Rates Key).

Keep reading...Show less