Sunday, October 25, 2020
Tags Chinese local government bonds

Tag: Chinese local government bonds

Local Government Bond Issuance for August Expected to Exceed 1 Trillion Yuan

China is accelerating the issuance of local government special bonds in August to ensure that the full year quota is satisfied ahead...

Beijing Allows Use of Local Government Bonds to Shore up Capital Standing of Smaller Banks

The Chinese central government has given the green light to the use of local government bonds to raise capital for beleaguered regional...

Local Government Bond Issuance Hits Record High of 1.3 Trillion Yuan in the Month of May

China's local governments issued a record high volume of bonds in the month of May, amidst ongoing efforts by regulators to keep...

Local Government Special Bond Issuance on Track to Soon Breach One Trillion Yuan

China's local governments are on track to soon bring their issuance of special bonds past the one trillion yuan threshold.

Local Government Bond Issuance Exceeds 1.2 Trillion Yuan for January – February

Data from the Ministry of Finance indicates that China saw the issuance of 1.223 trillion yuan (approx. USD$176.6 billion) in local government...

MOF Pushes for Foreign Banks to Underwrite Local Government Bonds

China's Ministry of Finance (MOF) has signalled that it will expand the role played by foreign banks in the underwriting of local...

China Issues 4.36T Yuan in Local Government Bonds in 2019, Issuance Expected to Accelerate and Expand in 2020

Domestic analysts expect China to accelerate and expand the issuance of local government bonds in 2020 given an uptick in the advanced...

2.5529T Yuan in New Local Government Bonds Issued Since Start of 2019, 83% of Annual Quota

The latest official data indicates that over 80% of the annual quota for new local government bond issuance was completed by the...

Chinese Local Governments Issue 2.8372T Yuan in Bonds in First Half of 2019

The latest official data indicates that local government debt in China remained within prescribed quotas as of the end of the first...

Bank of Communications Takes Part in Second Round of Over-the-counter Sale of Local Government Bonds

Big state-owned lender Bank of Communications is participating in a second round of trials for the over-the-counter sale of local government bonds....

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Fintech Giant Lufax Pursues USD$2.36 Billion Stateside IPO

Chinese fintech giant Lufax has revealed more details on its plans to pursue an initial public offering (IPO) in the US despite...

China to Increase Qualified Domestic Institutional Investor Quota by around USD$10 Billion

China's forex administration has announced a further increase to the foreign investment quota for qualified domestic institutional investors (QDII).

Zhou Xiaochuan Weighs in on Internationalisation of the Renminbi at 2020 Financial Street Forum

Zhou Xiaochuan, the former head of the Chinese central bank, has voiced his opinions on the near-term prospects for the internationalisation of...

PBOC Launches Fintech Research Centre, Calls for “Comprehensive Increase” in China’s Fintech Competitiveness and Influence

A senior official from the People's Bank of China (PBOC) has called for the country to further drive efforts for the development...