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The People's Bank of China and the Bank of Japan agreed to renew their bilateral currency swap deal amounting to 200 billion yuan (about $28.13 billion), or 3.4 trillion Japanese yen. The agreement will be valid for three years and can be extended by mutual consent. https://t.co/bQg6jLa0jB
⚠ CHINA FINANCE MINISTRY: TOTAL OF 2 TRILLION YUAN SPECIAL BOND FUNDS CAN BE ARRANGED FOR USE IN VARIOUS PLACES WITHIN THIS YEAR
The People's Bank of China (#PBOC) and the Bank of Japan have recently renewed their bilateral local currency swap agreement, a PBOC statement said on Friday. The scale of the swap remains unchanged at 200 billion yuan or 3.4 trillion yen. The renewed agreement is valid for three…
The People's Bank of China (PBOC) and the Bank of Japan have renewed their bilateral local currency swap agreement, maintaining a swap scale of 200 billion yuan, equivalent to approximately $28.07 billion or 3.4 trillion yen. This agreement will be valid for three years and is extendable upon mutual consent. Additionally, the China Finance Ministry announced the auction of 30-year special bonds at a yield of 2.3824%. Furthermore, the ministry indicated that a total of 2 trillion yuan in special bond funds can be arranged for use within the year.
