People's Republic of China
Market Watch
Close of January 29, 2025 |
Change From | |||
---|---|---|---|---|
Govt. Bond Yields | Latest Yield | Previous Day | Previous Week | YTD |
2 Year | 1.258 | ◆ 0.0 | ▲ 0.1 | ▲ 16.7 |
5 Year | 1.395 | ◆ 0.0 | ▼ 1.5 | ▼ 0.1 |
10 Year | 1.627 | ◆ 0.0 | ▼ 3.0 | ▼ 4.0 |
* Government bond yield changes are expressed in basis points. |
||||
Currencies | Latest Rate | Previous Day | Previous Week | YTD |
CNY per USD | 7.245 | ◆ 0.0 | ▲ 0.4 | ▲ 0.7 |
CNY per JPY | 0.047 | ▼ 0.2 | ▼ 0.4 | ▼ 0.5 |
* Exchange rate changes are expressed as a percentage change. |
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Interest Rates | Latest Rate | Previous Day | Previous Week | YTD |
3M | 1.434 | ◆ 0.0 | ▲ 1.5 | ▲ 60.8 |
* Interest rate changes are expressed in basis point change. |
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. |
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’s Flattening Yield Curve Is Putting PBOC in Focus
- China Starts Lowering Price Goals to Match Deflationary Reality
- China Is Facing Longest Deflation Streak Since Mao Era in 1960s
- China’s New Loans Drop for First Time in 13 Years on Weak Demand
- Chinese Banks Face Cash Squeeze as Yuan Defense Adds Pressure
Read full index for News and Commentary
BOND ISSUANCES