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REPEAT: The Chinese banking system has taken...>

PBOC
PBOC: REPEAT: The Chinese banking system has taken a significant evolutionary
leap following the first ever auction of perpetual debt by a bank (Bank of
China) and the introduction of a new central bank bills swap (CBS) facility.
While invariably this has triggered speculation of credit easing and backdoor
quantitative easing, mechanically the measures are predominantly aimed at
recapitalising G-SIBs.
- For further details please see:
http://marketnews-m.objects.xtenit.com/PBOC_CBS_Facility.pdf
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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