PBOC
PBOC starts bank stress tests to avoid stampede out of bonds
CHINA has initiated stress tests with financial institutions on their bond investments, to make sure they can handle any market volatility should a record-breaking rally reverse, according to state-run...
China bond trading collapses amid PBOC crackdown on record rally
Trading in the most active 10-year government bond has steadily decreased over the last two weeksChina’s attempts to cool a record bond rally have stalled a drop in yields,...
China’s PBOC dials back support for yuan as currency steadies
CHINA’S central bank set its daily reference rate for the yuan broadly in line with expectations for the first time in more than a year, a sign it’s loosening...
Chinese banks hold key lending rates after PBOC signals caution
CHINESE banks kept their benchmark lending rates unchanged for August, as profit margins come under pressure and policymakers focus on the health of financial institutions.The one-year loan prime rate...
PBOC delays one-year loan operation date amid policy overhaul
CHINA’S central bank announced it will inject one-year liquidity to domestic lenders on Aug 26, a rare delay that comes amid a broad overhaul of its policy toolkit.The People’s...
Chinese bonds extend losses as PBOC warns about potential risks
CHINA’S 10-year bonds extended recent declines as the central bank warned about potential risks arising from the relentless rally in the debt market.The benchmark yield headed for its biggest...
Chinese brokers curb bond trading amid PBOC warnings on rally
AT LEAST four Chinese brokerages have started fresh measures to cut back trading of domestic government bonds beginning last week, people familiar with the matter said.
The brokers reduced the...
PBOC eases support for yuan as short covering fuels rebound
THE People’s Bank of China (PBOC) pulled back its daily support for the yuan to the lowest in a year on Wednesday (Aug 7), at least by one measure.The...