ATF indexes rise ahead of CCP plenum as recovery takes hold

ATF indexes rise ahead of CCP gathering as recovery takes hold

(ATF) The ATF indexes inched up on Friday, all closing in positive territory ahead of the Fifth Plenum of the 19th Communist Party Congress when China’s leaders will shift their focus away from the country’s short-term economic performance to medium-term challenges. Investors rejoicing at China’s post-Covid rebound, in contrast to …

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Industrial and financial names drive gains in ATF indexes 

Industrial and financial names drive gains in ATF indexes 

(ATF) The ATF indexes remained broadly steady on Thursday, with the benchmark China Bond 50 index, the ATF ALLINDEX Enterprise and Corporates sub-gauges climbing 0.01%, while the ATF ALLINDEX Financial and Local Government sub-gauges slipped 0.01% and 0.02% respectively. The biggest moves were seen in the bond prices of financial …

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ATF indexes steady; yuan hits new highs

ATF indexes steady; yuan hits new highs

(ATF) The ATF indexes were little changed Wednesday, while the yuan surged to a 27-month high on the country’s sustained recovery and expectations of a stimulus package on the back of victory by democratic US presidential candidate Joe Biden. The ATF ALLINDEX Corporates, Financial and Local Governments sub-gauges inched up …

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Financials lead bond gains as commercial banks keep LPR steady

Financials lead benchmark ATF index gains as commercial banks keep LPR steady

(ATF) Financial names led gains in the China Bond 50 index on Tuesday, and boosted the ATF ALLINDEX Financial gauge, as commercial banks kept the benchmark lending rate for corporate and household loans steady for the sixth consecutive month. Both indexes, along with the ATF ALLINDEX Local Governments, climbed 0.02%, …

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ATF indexes record losses on China GDP forecast misses

ATF indexes record losses on China GDP forecast misses

(ATF) The benchmark China Bond 50 index and the ATF ALLINDEX Corporates lost 0.12% and 0.26%, respectively on Monday, as China's Q3 GDP data came in lower than forecasts. The country nonetheless recorded an acceleration in growth of 4.9% year-on-year versus 3.2% year-on-year in the previous quarter. No gains were …

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ATF indexes steady ahead of Q3 GDP, LPR setting and CCP gathering 

ATF indexes steady ahead of Q3 GDP, LPR setting and 5th plenum 

(ATF) Bond investors are keeping a sharp eye out for China’s upcoming Q3 GDP data on Monday, and a slew of other data, as well as the October setting of China’s benchmark lending rate for corporate and household loans a day later. Beyond that, observers are keenly awaiting the Fifth …

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ATF indexes steady as PBoC keeps MLF rate unchanged 

ATF indexes steady as PBoC keeps MLF rate unchanged 

(ATF) The ATF China bonds indexes held broadly steady on Thursday as the People’s Bank of China (PBoC) injected 500 billion yuan ($74bn) via its medium-term lending facility (MLF), keeping the rate unchanged at 2.95% for the sixth consecutive month. The move, which will amount to a net injection of …

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