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The issuance of two-year government.....>

CHINA PRESS
CHINA PRESS: The issuance of two-year government bonds should be increased as it
is a key medium-term tenure on the government bond yield curve, the People's
Daily reported Friday, citing Zhang Jiqiang, the managing director of
fixed-asset department of China International Capital Corporation. The yield
curve will obtain important price information via increasing the size and
frequency of two-year government bonds, Zhang said. In addition, more two-year
issues would inject liquidity with that duration and improve the efficiency of
compiling the bond yield curve, Zhang argued. (People's Daily)

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