China has successfully issued 50-year ultra-long special treasury bonds worth 35 billion yuan ($4.82 billion) at a record-low yield of 2.53%. This issuance marks the first time China has sold such long-term bonds, with the auction taking place at the Beijing Stock Exchange. The yield was lower than the estimated 2.58%, reflecting strong demand for Chinese bonds. Analysts believe this move will boost market confidence and support economic growth.
Pundits on this platform see the Chinese 50yr Bond yield issuance at 2.5% as a sign of strenght versus the US Treasury market You guys are aware that China is cutting rates because things are shit and the Fed is holding rates high because things are going well, right? JFC…
For all the talks abt China's debt problem, this just boggles my mind. If it can sell 50 yr duration bond at negative interest real rate, then it has not debt issue Assuming ofc, this is non-Chinese govt entities buying the bond This is like banks selling 0.9% CDs to customers https://t.co/E9ozsAXfGd
First time in my nearly 30 years in finance I recall seeing a "slowing Emerging Market with a worsening debt problem and a USD shortage" issue a 50-year bond at a yield nearly 200 bps inside the 10y UST yield. Seems like a bit of a nonsequitur somewhere. https://t.co/cXck8zr6rA
China on Friday issued another batch of 50-year ultra-long special treasury bonds with a total value of 35 billion yuan ($4.92 billion) with a nominal interest rate of 2.53%. https://t.co/uWJXREPxXU
#China on Friday issued 50-year ultra-long special treasury bonds worth a total sum of 35 billion yuan ($4.82 billion). Analysts said the issuance will further elevate market confidence and expectations, and better support economic growth. https://t.co/tMkXlGqtK4 https://t.co/KKt3IIQdO4
Funny how this is being framed. "China Sells 50-Year Bonds at Record-Low Yield as Demand Swells" Except a record low-yield is no surprise here given it only started issuing this sort of debt in 2022. Also, the real story is that it is having to issue yuan-denominated debt in…
China sold 50-Year Bonds at the Lowest Yield in History https://t.co/AaXHB5uENC
⚠️ CHINA https://t.co/wvKgrbKFj1’S NET FOREX SALE 19 BLN YUAN IN MAY-REUTERS CALCULATIONS
⚠️ CHINA FINANCE MINISTRY: TO REOPN 45 BLN YUAN 30-YEAR ULTRA LONG TREASURY BONDS ON JUNE 21
China sold 50-Year Bonds at the Lowest Yield in History 🚨 https://t.co/IQFpMFSS6I
*CHINA SELLS 50-YEAR SPECIAL BOND AT 2.53% VS EST. 2.58% Frenzy https://t.co/okTlfYpbj3
China just sold a 50y bond at 2.5% yield
China began issuing CNY35 billion worth of 50-year ultra-long special treasury bonds for the first time at the Beijing Stock Exchange today with an interest rate depending on competitive bidding, according to the Ministry of Finance. https://t.co/U50lB6mwND
The frenzy for Chinese bonds is showing no signs of fading, with the nation’s longest-dated special government notes expected to be auctioned near-record low yields https://t.co/r9avsGyqiX