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To Sell CNY 750bln in Special Bonds

CHINA
  • MNI (London) Bloomberg report that China are to sell CNY 750bln in special sovereign bonds to aid the economy. The three-year bond sale will take place on December 12th and the MoF state the sale will aid the economy.
  • Note on these China sovereign bond sales headlines, it's not too far outside of expectations. The China Securities Journal wrote back in October that "China may issue special bonds planned for 2023 in 4Q of this year to bolster spending on infrastructure and stabilize growth"

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