Tuesday, January 19, 2021
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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Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions

The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...

NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021

China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...

China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%

Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....

China Bans Banks from Selling Depository Products via Third Party Online Platforms

Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...