China Eases Collateral Rules to Boost Bond Market
China's central bank announced plans to reduce collateral requirements for medium-term lending facility loans starting in July, aiming to alleviate supply and demand pressures in the bond market and increase the volume of tradable bonds.
- Country:
- China
China's central bank announced on Monday its intention to lower collateral requirements for medium-term lending facility loans, effective from July.
This strategic move aims to alleviate the pressure on supply and demand within the bond market, thereby increasing the number of tradable bonds.
The bank's statement underlined the importance of this adjustment in enhancing market fluidity and stability.
ALSO READ
-
WTO Sets Up Panel on EU Carbon Border Rules as Russia Challenges Restrictions
-
WHO Brings Global Experts Together to Strengthen Herbal Medicine Quality and Safety
-
Human Cost of Faster Work: Chinese Employees Weigh AI’s Promise Against Pay Fears
-
China's August Disasters Yield $5.38 Billion in Losses
-
Venezuelan Central Bank's Gold Transfer Nears Completion
Google News