Tag Archives: china yields

Asia Fixed Income: Post the Rate Cut by PBoC

The People’s Bank of China (PBoC) announced rate cuts on Nov 21; with 1-year deposit rate lowered by 25bps to 2.75% and the lending rate lowered by 40bps to 5.60%. The market is expecting the rate cut not only to revive the growth but also accelerate the interest rate liberalization.  The cash bonds responded favorably Read more […]