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China's central bank to run 1-year swap facility operation on 3 Nov

NewsFeeds update

The People's Bank of China said it will conduct a one-year securities, fund and insurance company swap facility operation on 3 Nov, extendable as needed, to support stable capital markets. Thirty-one securities and fund firms have applied for more than Rs 100bn equivalent, over 100bn yuan in total.

MacroChainCatcherAINeutral

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The story so far: PBOC swap facility operations

The People's Bank of China said it would establish a Bond Market NBFI Large Redemption Swap Facility. It now says it will run a one-year securities, fund and insurance company swap facility operation on 3 Nov, extendable as needed, to support stable capital markets.

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  1. PBOC says it will set up bond market NBFI large redemption swap facility

  2. China's central bank to run 1-year swap facility operation on 3 Nov

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.