People's Republic of China
Market Watch
| Close of December 25, 2024 |
Change From | |||
|---|---|---|---|---|
| Govt. Bond Yields | Latest Yield | Previous Day | Previous Week | YTD |
| 2 Year | 1.059 | ▲ 2.2 | ▼ 10.7 | ▼ 144.8 |
| 5 Year | 1.407 | ▲ 2.1 | ▼ 3.0 | ▼ 97.9 |
| 10 Year | 1.742 | ▲ 2.3 | ▼ 1.1 | ▼ 81.5 |
|
* Government bond yield changes are expressed in basis points. |
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| Currencies | Latest Rate | Previous Day | Previous Week | YTD |
| CNY per USD | 7.295 | ▲ 0.0 | ▼ 0.1 | ▼ 2.7 |
| CNY per JPY | 0.046 | ▲ 0.1 | ▲ 1.5 | ▲ 7.9 |
|
* Exchange rate changes are expressed as a percentage change. |
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| Interest Rates | Latest Rate | Previous Day | Previous Week | YTD |
| 3M | 0.777 | ▼ 24.8 | ▼ 36.2 | ▼ 164.1 |
|
* Interest rate changes are expressed in basis point change. |
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Policy Rates
| Change From | ||||
|---|---|---|---|---|
| Policy Rates | Latest Rate (15-Jan-2024) |
Previous Rate (15-Dec-2023) |
YTD Rate |
|
| 1-year Medium-term Lending Facility Rate |
2.500 | ◆ 0.0 | ◆ 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
- China Seeks to Spur Growth by Giving Local Officials Bond Leeway
- China Avoids Rate Cut to Keep Ammunition For Future Pressure
- China One-Year Yield Sinks to Lowest Since 2003 on Easing Bets
- PBOC Offers Strongest Yuan Support Since July After Dollar Gains
- China Pushes Back Against Bond Frenzy, Sends Yields Climbing