People's Republic of China
Market Watch
| Close of March 13, 2025 |
Change From | |||
|---|---|---|---|---|
| Govt. Bond Yields | Latest Yield | Previous Day | Previous Week | YTD |
| 2 Year | 1.557 | ▼ 1.1 | ▲ 12.8 | ▲ 46.6 |
| 5 Year | 1.664 | ▼ 0.1 | ▲ 6.7 | ▲ 26.8 |
| 10 Year | 1.845 | ▲ 1.1 | ▲ 6.7 | ▲ 17.8 |
|
* Government bond yield changes are expressed in basis points. |
||||
| Currencies | Latest Rate | Previous Day | Previous Week | YTD |
| CNY per USD | 7.243 | ▼ 0.1 | ▼ 0.0 | ▲ 0.8 |
| CNY per JPY | 0.049 | ▼ 0.4 | ▼ 0.1 | ▼ 5.5 |
|
* Exchange rate changes are expressed as a percentage change. |
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| Interest Rates | Latest Rate | Previous Day | Previous Week | YTD |
| 3M | 1.617 | ▼ 1.9 | ▲ 1.2 | ▲ 79.1 |
|
* Interest rate changes are expressed in basis point change. |
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Policy Rates
| Change From | ||||
|---|---|---|---|---|
| Policy Rates | Latest Rate (25-Sep-2024) |
Previous Rate (25-Jul-2024) |
YTD Rate |
|
| 1-year Medium-term Lending Facility Rate |
2.000 | ▼ 30.0 | ◆ 0.0 | |
|
* Policy rate changes are expressed in basis point change. |
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Sovereign Ratings
| Agency | Rating | Outlook | Date | |
|---|---|---|---|---|
| Regional Rating Institutions | ||||
| R&I | AA- | stable | 2019-12-25 | |
| RAM | AA3 | stable | 2019-07-18 | |
| Non-Regional Rating Institutions | ||||
| Fitch | A+ | stable | 2019-11-19 | |
| S&P | A+ | stable | 2019-09-30 | |
NEWS HIGHLIGHTS
- Foreigners Snapping Up China’s Bank Debt May Boost Yuan Defense
- China Boosts Two-Year Bond Sales to Record Amid Debt Selloff
- China’s Bonds See Worst Slide This Year as Rate-Cut Doubts Grow
- China’s Growth Focus, Stable Yuan Fan Hopes of Better Liquidity
- China Touts Policy Space in Shielding Economy From Trade War
Read full index for News and Commentary
BOND ISSUANCES