paying the mortgage on houses that aren’t built yet, raising the pressure on developers, who may face more difficulty selling projects and also have to repay bank loans.
In the year through July 27, lenders had sold a combined 568 billion yuan of Additional Tier 1 debt, which is among the first to absorb losses in times of stress, and Tier 2 bonds. China’s big-four state-owned banks are the major sellers of the bonds this year, according to data on onshore sales compiled by Bloomberg, although local lenders including Bank of Hebei, Chengdu Rural Commercial Bank, and Bank of Shanghai are also selling.
In addition to this, the central government will allow 320 billion yuan generated from the sale of special local bonds to be used to top up the capital of medium- and small-sized banks, the Financial Newslast week, citing an unnamed official with the China Banking and Insurance Regulatory Commission. The amount, including 120 billion yuan in unused funds from last year, is 60% higher than in 2020 when money from the sale of these bonds was first allowed to be used for that purpose.
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
출처: dailymaverick - 🏆 3. / 84 더 많은 것을 읽으십시오 »
UBS revisits plan for mutual fund unit to grow its business in ChinaSwiss bank seeks to expand its footprint in the country’s $3.9-trillion retail fund market I am super excited right now, I can now pay my bills and take good care of my family.. Thank you for bringing happiness to my home with just R10,000 i got R100,000 in 7days James_Alderson8
출처: BDliveSA - 🏆 12. / 63 더 많은 것을 읽으십시오 »
출처: dailymaverick - 🏆 3. / 84 더 많은 것을 읽으십시오 »