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The PBOC is preparing capacity for large scale yuan bond sales
Source: Buzz FX / 04 Jul 2024 20:35:21 America/Chicago
People's Bank of China said to be readying capacity for 'hundreds of billions' in yuan bond sales.
- Aimed at tempering the bond rally by creating a multibillion-yuan pool of bonds it'll borrow from major banks, then sell them
- Will buy an
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