Oct 25, 03:39 AM

China's Bond Futures Rise 0.3% Amid RMB 2.3 Trillion Liquidity Injection

China's 30-year bond futures saw a 0.3% increase following a significant cash injection by the People's Bank of China. The central bank's liquidity operations led to a substantial net inflow of RMB 2.3 trillion ($325 billion), shifting the money market from a RMB 1.8 trillion deficit to a RMB 0.5 trillion surplus. Additionally, the China Finance Ministry auctioned 10-year bonds at a 2.1217% yield, 1-year bonds at a 1.33% yield, and 30-year special bonds at a 2.3824% yield. As of October 20, localities have issued a total of 3.63 trillion yuan in special bonds, accounting for 93% of the annual quota. The ministry also noted that 2 trillion yuan in special bond funds can be allocated for use within this year.

#China #China Finance Ministry

Written with ChatGPT (GPT-4o).

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PiQ@PiQSuite
2 years ago
⚠ CHINA FINANCE MINISTRY: TOTAL OF 2 TRILLION YUAN SPECIAL BOND FUNDS CAN BE ARRANGED FOR USE IN VARIOUS PLACES WITHIN THIS YEAR
PiQ@PiQSuite
2 years ago
⚠ CHINA FINANCE MINISTRY: LOCALITIES HAVE ISSUED A TOTAL OF 3.63 TRILLION YUAN IN SPECIAL BONDS AS OF OCT 20, ACCOUNTING FOR 93% OF ANNUAL QUOTA - STATE MEDIA
CrossBorder Capital@crossbordercap
2 years ago
Whoa! between Tuesday and Friday, Chinese money market #liquidity swung from a RMB 1.8 tr deficit to a RMB 0.5 tr surplus...net inflow of RMB 2.3tr ($325bn) https://t.co/FNCzA5x1Px

China's Bond Futures Rise 0.3% Amid RMB 2.3 Trillion Liquidity Injection

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