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Per CGTN: "China will connect its.......>

CHINA RATES
CHINA RATES: Per CGTN: "China will connect its interbank and exchange bond
markets, the People's Bank of China (PBOC), the country's central bank, said on
Sunday, a move to unify segregated bond markets and facilitate monetary policy
transmission and macro economic management. Qualified investors will be allowed
to buy and sell bonds traded in each other's markets via the "connect"
infrastructure, the PBOC said in a statement. The interbank bond market, formed
in 1997 and supervised by the central bank and dominated by banks, is much
larger than the exchange bond market in terms of issuance and trading volume."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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