China bonds climb with signs recovery is sustaining

China bonds climb with signs recovery is sustaining

(ATF) Chinese corporate and municipal bonds rose in the week as the recovering economy boosted demand for riskier assets. Returns climbed also as the Ministry of Finance urged local authorities to hasten the completion of a 3.75 trillion-yuan programme to stimulate the real economy in the wake of the coronavirus ...

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Call for haste on special-bond sales spurs gains on ATF index

Call for haste on special-bond sales spurs gains on ATF benchmark

(ATF) Returns on China’s non-soverign bonds rose for a third day, with Corporates leading the charge after the Ministry of Finance demanded the acceleration of bond sales to fund coronavirus-recovery projects. Energy bonds and highway construction-linked debt gained on bets the 1.5 trillion yuan of outstanding special-purpose bonds will raise ...

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Enterprise bonds lift China benchmark on exports optimism

Enterprise bonds lift China benchmark on exports optimism

(ATF) Chinese corporate bonds climbed for a second day led by Enterprise gauge-listed debt after data showed exports from Beijing rose in the first half, boosting trade-focused companies. PetroChina bond prices climbed after it signed a multi-billion yuan pipeline deal and logistics giant China Merchants Group’s notes rose on bets ...

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Stimulus slowdown boosts bonds on local investment bets

Stimulus slowdown boosts bonds on local investment bets

(ATF) Returns on Chinese corporate bonds rose amid signals the central bank is pausing stimulus measures and as officials said they’d concentrate firepower on boosting the recovery in the private sector. Financial bonds advanced after the People’s Bank of China (PBoC) resumed its programme of liquidity injections into the financial ...

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Coupon payments weigh on China bonds

Coupon payments weigh on China bonds

(ATF) China bonds declined Monday, with the benchmark ATF China Bond 50 Index sliding for the first time in a week, dragged down by coupon payments on two securities. The ATF China Bond 50 Index fell 0.06% The ATF CB50 fell 0.06%. Among the other ALLINDEX gauges, Local Governments slid ...

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Diplomatic spat to dominate China bond markets

ATF indices close mostly positive amidst US/China spat 

(ATF) China’s standoff with the US will dominate the Asian giant’s bond markets in the coming week. Beijing has ordered the White House to shut its consulate in Chengdu after it was asked to close its consulate in Houston, causing mainland China’s benchmark CSI300 to tumble 4.39% and the dollar ...

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Coupon payments drag down bond indices 

Bond payments drag down indices 

(ATF) The ATF ALLINDEX Financial and Corporates dropped 0.15% and 0.12% on the back of coupon payments, while the China Bond 50 index and the ATF ALLINDEX Enterprise rose 0.03% and 0.04% respectively, led by gains in utilities and financial debt. The ATF ALLINDEX Local Governments held steady at 0.01%. ...

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