Press "Enter" to skip to content

China quietly cut borrowing cost requirement for local government to boost investment

Chinese authority have quietly cut the premium that local governments are required to pay to sell bonds, in a move to reduce their borrowing costs as the world's second largest economy is keen to boost infrastructure investment and local government spending to shore up growth.

Bonds issued on Tuesday by the Jiangxi and Sichuan provincial governments were issued at a coupon rate of 25 basis points higher than the . . .

To continue reading, please subscribe.


We highly value independence. Yuan Talks is solely funded by subscriptions from thousands of intelligent readers like you. Don't miss out! 

What you'll get:

  • Original and in-depth reporting on China's economy and financial markets with details, data and perspectives you don't read elsewhere!
  • Daily Brief newsletter delivered before market open every weekday wrapping up the most important China-related information.
  • Weekly Market Wrap-up on Chinese equities, bonds, the yuan and commodities!
  • Interviews with China experts. We find you insights you should never miss!


Not ready for the full service? Subscribe to our Free Weekly Newsletter first.

Already have an account? Sign In