- Analytics
- News and Tools
- Market News
- China will issue an additional 1 trillion yuan in treasury bonds in Q4
China will issue an additional 1 trillion yuan in treasury bonds in Q4
The Chinese government intends to issue an additional 1 trillion yuan ($137 billion) in treasury bonds during the fourth quarter (Q4). This effort aims to bolster the nation's overall resilience to natural disasters and support post-disaster reconstruction. The decision was approved by the sixth session of the Standing Committee of the 14th National People's Congress (NPC).
Over 7.5 trillion yuan worth of bonds have been issued by China in the first three quarters. The additional $1 trillion is added to this amount. The sum is significantly substantial when compared to other figures.
According to Xinhua News Agency, the new issuance is anticipated to drive the nation's fiscal deficit ratio to approximately 3.8 percent in 2023, which is historically high, from the target of 3% set at the start of the year.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
