Bloomberg: China Traders Borrow Trillions to Juice Returns in Bond Market

Turnover in so-called pledged repurchase trades surged past 8 trillion yuan ($1.2 trillion) to an all-time high Thursday, according to calculations by Bloomberg. The figures are used as a gauge of leveraged activity in bonds, even if the transactions also include the day-to-day financing needs of firms in the market.

The full article is available at https://www.bloomberg.com/news/articles/2023-04-07/china-traders-borrow-trillions-to-juice-returns-in-bond-market

Related Posts

Previous Post
Analysis of the tokenization and CBDC panels at Citi’s Digital Money Symposium
Next Post
FICC sponsored repo balances over $600 billion since end of March

Fill out this field
Fill out this field
Please enter a valid email address.

X

Reset password

Create an account