On December 26th, in order to improve the market liquidity of bank perpetual bonds and support banks to issue perpetual bonds to replenish capital, on December 26th, 2024 (Thursday), the People's Bank of China will launch the twelfth central bank bill swap (CBS) operation in 2024. The current operation volume is 3.50 billion yuan, the term is 3 months, and the fixed rate number of invite tenders is 0.10% for primary dealers in the open market business. The first settlement date is December 26th,...
On September 25th, CICC commented on the policy announced at the press conference held by the State Council Information Office on September 24th. The comprehensive interest rate cut will reduce the interest payment burden on the real economy by about 690 billion yuan (annualized), and the annual interest payment burden may be reduced by 1.30 trillion yuan (annualized, about 1% of GDP). The rate cut not only meets the needs of current credit expansion and existing fiscal strength, but may be used...
On September 24th, Pan Gongsheng of the People's Bank of China said that for the first time, the People's Bank of China has created structural monetary policy tools to support capital markets. One of them is the swap facility for securities, funds and insurance companies, which supports qualified securities, funds and insurance companies to use their own bonds, stock ETFs and CSI 300 stocks as collateral to exchange highly liquid assets such as government bonds and central bank bills from the ce...
Swap markets put the probability of the Bank of Canada cutting rates by 50 basis points in October at 48 per cent, up from 45 per cent before the inflation data.
1. The subsidy has been doubled, and a new round of car trade-in details has come. 2. Gahe Automobile released an announcement on after-sales services: After-sales parts procurement has been started, and supply has been gradually restored. 3. Many places have announced that hydrogen energy vehicles will be free of high-speed fees, and the industry will enter a period of accelerated volume. 4. Volkswagen wants to build the world's second largest R & D center in Anhui. 5. Xiaomi Automobile is stud...
On July 11, the swap market fully priced in that the Federal Reserve will cut interest rates by 25 basis points in September.
On July 11, after the release of the US CPI in June, the Federal Reserve's interest rate cuts priced in the swap market increased during the year.
The interest rate swap market has once again fully priced in the Federal Reserve's two rate cuts before the end of the year.
The interest rate swap market has once again fully priced in the Federal Reserve's two rate cuts before the end of the year.