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Economy

China central bank announces bill swaps to support bank perp issuance

Updated : February 20, 2019 08:23 AM IST

The People's Bank of China (PBOC) made the announcement in a statement on its website on Wednesday.
PBOC Vice Governor Pan Gongsheng said on Tuesday that China would provide further support for banks' perpetual bond issuance, including examining ways to broaden the investor base for such bonds, to help boost lending in the economy.
China central bank announces bill swaps to support bank perp issuance
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