The People’s Bank of China headquarters in Beijing. The central bank injected 257.5 billion yuan into the money market through a targeted medium-term lending facility on Wednesday. Photo: Bloomberg

China to set up central bank bills swap to support liquidity of banks’ perpetual bonds

  • The set-up of the CBS also aims to encourage banks to replenish capital through perpetual bond issuance, said the People’s Bank of China
Topic |   People’s Bank of China

TOP PICKS

The People’s Bank of China headquarters in Beijing. The central bank injected 257.5 billion yuan into the money market through a targeted medium-term lending facility on Wednesday. Photo: Bloomberg
READ FULL ARTICLE