government bond – Charm

China Is Pumping Cash to Fill a $456 Billion Liquidity Shortfall

7 months ago07 mins

(Bloomberg) — The People’s Bank of China is boosting the supply of money available to banks to ensure they can meet the surge in demand for cash during the Lunar New Year holidays. The central bank injected a total of 600 billion yuan ($86.4 billion) via a 14-day repurchase agreements late last week, ending a…

China’s credit growth in October lowest in over a year on sluggish demand

Cs news10 months ago03 mins

China‘s credit expansion was the weakest in more than a year last month, dragged down by slower government bond sales and sluggish borrowing demand across the economy. Aggregate financing, a broad measure of credit, increased $115 billion in October, according to Bloomberg calculations based on data released by the People’s Bank of China on Thursday….