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MNI Research
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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.
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Free AccessPBOC To Offer CNY200Bln Refinancing For Housing Project Delivery
The People’s Bank of China is set to provide CNY200 billion of interest-free refinancing funds to commercial banks to ensure the delivery of unfinished housing projects, Yicai.com reported. It will support the accelerated construction and delivery of projects that have been sold but are overdue and have been identified by the financial management department. It is a new phased policy, aiming to reassure banks and local governments to offer help and resolve outstanding loan risks, the newspaper said. The program is currently seeking industry comments, Yicai added.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.