by Amruth Sundarkumar | Jul 29, 2022 | Macroeconomic news, People's Bank of China
In the latest from China, the PBOC is said to be lining up an RMB 1tn ($148bn) lifeline for its distressed property sector, the Financial Times reports. The lifeline will be in the form of loans, starting with about RMB 200bn ($29.7bn) of low-interest loans, at 1.75%,...
by bondevalue | Nov 20, 2019 | Interest Rate Trends, People's Bank of China
The People’s Bank of China (PBOC) lowered one of its key interest rates for the first time since 2015, signaling further easing across the globe. China’s central bank cut its seven-day reverse repurchase rate to 2.50% from 2.55%, bringing a spark of...
