Spinee wrote a post · Jul 4 21:12

Breaking

PBOC SIGNED BOND LENDING AGREEMENTS WITH MAJOR BANKS, BORROWING HUNDREDS OF BILLIONS OF YUAN BONDS ON AN OPEN-ENDED UNSECURED BASIS, PER BLOOMBERG.

China’s central bank took the next step toward selling government bonds to cool a record-breaking rally, saying it now has “hundreds of billions” of yuan of the securities at its disposal through agreements with lenders.

$Hang Seng Index(800000.HK)$ $BANK OF CHINA(03988.HK)$ $China 1-Year Treasury Bills Yield(CN12M.BD)$ $HKEX(00388.HK)$

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Falling angel : cool a record breaking rally? a rally of?

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