People's Republic of China
Market Watch
| Close of May 27, 2025 |
Change From | |||
|---|---|---|---|---|
| Govt. Bond Yields | Latest Yield | Previous Day | Previous Week | YTD |
| 2 Year | 1.472 | ▲ 0.7 | ▼ 0.3 | ▲ 38.1 |
| 5 Year | 1.560 | ▼ 0.1 | ▼ 0.8 | ▲ 16.4 |
| 10 Year | 1.699 | ▲ 1.0 | ▲ 3.3 | ▲ 3.2 |
|
* Government bond yield changes are expressed in basis points. |
||||
| Currencies | Latest Rate | Previous Day | Previous Week | YTD |
| CNY per USD | 7.195 | ▼ 0.1 | ▲ 0.3 | ▲ 1.4 |
| CNY per JPY | 0.050 | ▲ 0.9 | ▲ 0.2 | ▼ 7.4 |
|
* Exchange rate changes are expressed as a percentage change. |
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| Interest Rates | Latest Rate | Previous Day | Previous Week | YTD |
| 3M | 1.443 | ▲ 1.5 | ▲ 1.6 | ▲ 61.7 |
|
* 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 | 2025-04-03 | |
| S&P | A+ | stable | 2019-09-30 | |
NEWS HIGHLIGHTS
- China Seeks to Slow Yuan’s Gains After Months of Propping It Up
- Chinese Stock Market in Limbo as Investors Lack Conviction
- China 50-Year Bond Yields Rise in Auction, First Time Since 2022
- PBOC’s Pan Reiterates Monetary Policy to Remain Moderately Loose
- China Kicks Off Special Bond Sale as Tariffs Threaten Growth
Read full index for News and Commentary
BOND ISSUANCES