PBoC says it can either buy or sell treasury bonds in the secondary market depending on market conditions, as such trades can be used to manage liquidity, according to Reuters
Analysis details (17:01)
- On April 23rd, a senior Chinese central bank official suggested that the bank's buying and selling of treasury bonds in the secondary market could be used for liquidity management and as a monetary policy tool.
- China plans to issue CNY 1tln, or USD 138.01bln, in special ultra long term treasury bonds this year to support key sectors of the economy.
08 May 2024 - 16:59- - Source: Reuters
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