Forex
globalreutersMay 12, 20241 Mins read
China plans to issue special ultra-long term treasury bonds to raise 1 trillion yuan
globalreutersMay 12, 20241 Mins read China’s finance ministry will hold a meeting on Monday with key market players to discuss issuance of special ultra-long term treasury bonds.
The Financial Times (via Reuters info) reports that
- Chinese authorities have begun with plans to sell 1 trillion yuan (US$138 bn or so) of long-dated
bonds - China will use the proceeds to boost spending to stimulate the economy
This article was written by Eamonn Sheridan at www.forexlive.com.
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