China's central bank, PBOC, plans to sell low-risk bonds, including government debt.
China's central bank, PBOC, plans to sell low-risk bonds, including government debt, when necessary, while closely monitoring bond market changes and potential risks. This move follows the central bank's challenges in re-entering the treasury bond market after a 17-year hiatus due to low-risk asset scarcity in China's financial sector. The 30-year government bond yield rose after the announcement.
May 30, 2024
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