CHINAEUROPE AFRICAASIA 中文双语Français
Business\Markets

China to support T-bond market makers

Xinhua | Updated: 2016-11-26 16:01

BEIJING - China's Ministry of Finance (MOF) will support treasury bond market makers by buying or selling bonds when there is a glut or short supply in the market.

Common international practice, the move reflects the relatively low liquidity of the Chinese treasury bond market, the ministry said in a statement.

The move will ensure the continuous operation of the secondary market, promote coordinated development of the primary and secondary market and further raise liquidity.

After consulting the central bank, the MOF decided to conduct the support once in a month at most with a fixed quota in the initial stage.

China issues treasury bonds with a wide range of maturities, from three months to 50 years. However, some lack liquidity and are rarely traded.

BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US