Press "Enter" to skip to content

CHECK THE WIRE FOR LIVE UPDATES

Chinese considers allowing local governments to buy more types of bonds issued by banks for capital replenishment

Chinese policymakers have told the banking regulator to cooperate with local governments to make plans for smaller banks to deepen reform and replenish capital.

Industry insiders say that authorities are considering expanding the type of bonds issued by small banks that local governments are allowed to purchase with special-purpose bonds, in a move to help them replenish capital.

China's State Council has approved and issued guidelines for medium- and small-sized banks to . . .

To continue reading, please subscribe. You will get

 

    • THE  WIRE  - An Unrivalled Real-Time Platform providing up-to-the-minute updates of market-moving news and views utilizing a network of journalists, traders, brokers, analysts, etc. Here are some screenshots of the wire updates.
    • IN-DEPTH & DATA-DRIVEN reporting on China's economy, policy and financial markets.
    • DETAILS - We bring you important details that you won't find elsewhere.
    • WEEKLY NEWSLETTER with Editors' Picks

GRAB OUR CHRISTMAS OFFER. Starting from $9.9 !

FREE TRIAL cancel anytime

Already have an account? Sign In

 

 

Top