People's Republic of China
Market Watch
| Close of July 9, 2025 |
Change From | |||
|---|---|---|---|---|
| Govt. Bond Yields | Latest Yield | Previous Day | Previous Week | YTD |
| 2 Year | 1.370 | ▲ 0.9 | ▲ 0.8 | ▲ 27.9 |
| 5 Year | 1.500 | ▲ 0.4 | ▲ 1.2 | ▲ 10.4 |
| 10 Year | 1.646 | ◆ 0.0 | ▲ 0.5 | ▼ 2.1 |
|
* Government bond yield changes are expressed in basis points. |
||||
| Currencies | Latest Rate | Previous Day | Previous Week | YTD |
| CNY per USD | 7.181 | ▼ 0.0 | ▼ 0.2 | ▲ 1.6 |
| CNY per JPY | 0.049 | ▼ 0.2 | ▲ 1.6 | ▼ 5.7 |
|
* Exchange rate changes are expressed as a percentage change. |
||||
| Interest Rates | Latest Rate | Previous Day | Previous Week | YTD |
| 3M | 1.273 | ◆ 0.0 | ▼ 1.7 | ▲ 44.7 |
|
* 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 Lenders Rush to Sell Riskiest Debt to Catch Low Yields
- China’s Producer Deflation Worsens as Weak Demand Persists
- China’s PBOC Keeps Buying Gold as Reserves Grow For Eighth Month
- China’s Stimulus Outlook Clouded by Surprise Economic Strength
- China Confirms US Trade Framework, Vows to Review Exports
Read full index for News and Commentary
BOND ISSUANCES