ECONOMIC NEWS
China says no change to lenders’ investment in policy bank bonds By Reuters
[ad_1]
BEIJING (Reuters) – China’s banking and insurance regulator said on Monday there have been no changes to existing regulations on lenders’ investment in policy bank bonds.
The Banking and Insurance Regulatory Commission (CBIRC) made the comment in statement sent to Reuters.
Reuters reported on Thursday that the regulator has started to restrict lenders’ investment in policy bank bonds, widely seen as an effort to prod lending to the broader economy.
China’s government bonds rallied on Thursday.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
[ad_2]
Source link
