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China to develop standardized notes to help ease small lenders’ liquidity pressure

China will develop standardized notes in a move to ease liquidity pressure faced by small lenders after government bailout of several troubled regional banks rattled the financial market.

Shanghai Commercial Paper Exchange Corp. Ltd said it has received the green-light from the People’s Bank of China (PBOC) to go ahead with creating "standardized notes"  to increase liquidity support for small and midsize financial institutions, according to a statement . . .

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