Reported 11 months ago
China's central bank is researching how to introduce government bond trading in collaboration with the finance ministry, as confirmed by Pan Gongsheng, Governor of the People’s Bank of China. Pan emphasized that sovereign bond trading will be a gradual process and will not equate to quantitative easing. The practice aims to optimize sovereign bond sales pace and debt tenor structure, injecting base money and regulating liquidity to create an accommodative environment, but details on execution and timeline remain to be defined.
Source: YAHOO