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Tag: Interbank

China\’s loan prime rates remain unchanged

wangxiao03/21/20240

BEIJING, March 20 (Xinhua) — China\’s one-year loan prime rate (LPR), a market-based benchmark lending rate, was 3.45 percent on Wednesday, unchanged from the previous month.
The over-five-year LPR, o

PBOC solicits public opinion on overseas institutional investors conducting bond repos in interbank market

wangxiao01/25/20240

BEIJING, Jan. 24 (Xinhua) — The People\’s Bank of China (PBOC) on Wednesday began soliciting public opinion on a circular concerning support for overseas institutional investors to carry out bond repu

Hong Kong\’s financial system sound with no capital outflow: HKMA chief executive

wangxiao12/27/20230

HONG KONG, Nov. 17 (Xinhua) — Hong Kong Monetary Authority (HKMA) Chief Executive Eddie Yue said on Friday that despite volatility in global financial markets, Hong Kong\’s financial system remains so

Overseas investors continue to increase Chinese interbank bond holdings

wangxiao07/22/20230

BEIJING, July 21 (Xinhua) — China\’s forex regulator said Friday that overseas investors continued to increase their holdings in China\’s onshore bonds over the past two months.
Overseas investors\’ net

New Development Bank becomes major panda bond issuer on China Interbank Bond Market

wangxiao07/01/20230

Aerial photo taken on June 17, 2022 shows the headquarter building of the New Development Bank (NDB) in east China\’s Shanghai. (Xinhua/Fang Zhe)
SHANGHAI, June 30 (Xinhua) — The Shanghai-based New De

RMB\’s global payment share up in May

wangxiao06/25/20230

BEIJING, June 25 (Xinhua) — The Chinese currency renminbi (RMB), or the yuan, saw its share in global payments rise in May, according to a report.
The RMB\’s global share was up from 2.29 percent in A

Yuan\’s rise in Russia shows currency trend

wangxiao04/12/20230

Emerging economies can diversify FX reserves, boost trade, investment
The renminbi\’s record high share in Russia\’s currency trading in March confirms an emerging trend that more commodity-exporting ec

Sibos 2024 financial services forum to be held in Beijing

wangxiao04/05/20230

BEIJING, April 4 (Xinhua) — Beijing will play host city to the Swift International Banker\’s Operation Seminar (Sibos) financial services forum in 2024, according to a joint announcement from Beijing

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