Researches & Commentaries

Weekly Report of China Bond Market (Dec 2 - 6)

*After the net injection of the previous two weeks, the People's Bank of China has suspended 14-day reverse-repurchase contracts, leading to a net withdrawal of CNY 47 billion from the open market last week.

*CNY 0.25 billion corporate bonds,CNY 5.3 billion medium-term notes, CNY 17.7 billion enterprise bonds and CNY 14.85 billion short-term notes were issued last week. The total issue amount of these four types of issues was 16% lower than the previous week's level.

*China's 10-year government bond yield was up 16bps at 4.52%.

Full Report (Chinese Only)
http://www.ccxi.com.cn/306d/3920/RedirectDown.html