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Friday, December 9, 2022

China to issue record treasury bonds in 2022, guide rates lower | Reuters

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China plans to sell a record number of government bonds in 2022 while maintaining overall interest rates lower than in 2021 when it sold nearly 7 trillion yuan ($1.10 trillion) in treasury bonds. The announcement came as Beijing embraced a solid strategy to sustain economic growth. According to Wang Xiaolong, director of the Ministry of Finance’s Treasury Department, China will also provide liquidity assistance for treasury bond issuance and will also entice more long-term international investors into the world’s second-largest bond market. China’s treasury bond issuance is likely to reach a new high next year since many bonds will mature.

Source: https://www.reuters.com/markets/rates-bonds/china-issue-record-treasury-bonds-2022-guide-rates-lower-2021-12-30/


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