China c.bank conducts first operations under swap facility to bolster stock market
China central bank said it conducted its first swap operation involving securities, fund, and insurance companies for the amount of 50 billion yuan ($7.03 billion) on Monday.
China's central bank conducts first Swap Facility transaction
The People's Bank of China, the country's central bank, has launched the first operation of a new swap facility aimed at boosting stock market liquidity, with the first stock buying transaction financed through the facility on Tuesday.
China opens $71b ‘swap facility’ to boost markets
China’s central bank boosted support for markets Thursday by opening up tens of billions of dollars in liquidity for firms to buy stocks as part of a raft of measures by Beijing to kickstart the country’s
China's central bank starts share buyback, equity swap tools to aid markets
The previously announced program offers 300 billion yuan ($42.1 billion) in low-cost loans to 21 eligible commercial banks that lend to qualified companies and shareholders
China's central bank conducts first SFISF operation
BEIJING - The People's Bank of China (PBOC) has conducted the first operation of the Securities, Funds and Insurance companies Swap Facility (SFISF), aiming to leverage the role of financial institutions better in stabilizing China's capital market, according to the central bank on Monday.
China central bank conducts first operations under swap facility to bolster stock market
China's central bank said it conducted its first operations under a swap facility designed to bolster the stock market, exchanging assets worth 50 billion yuan ($7.03 billion) with brokerages, fund companies and insurers on Monday.
China’s Central Bank is Becoming the Developing World’s “Payday Lender”
With the developing world’s growing use of costly and opaque “payday loans” from China’s central bank, the IMF and World Bank need to demand far greater transparency from Beijing.
China’s central bank moves to jolt stock market with 50-billion-yuan swap operation
Swap facility lets brokers, asset managers and insurance companies exchange assets with poorer liquidity, enabling them to get liquid assets for stock purchases.
China central bank conducts its first swap operation in an amount of 50 billion yuan
China central bank said it conducted its first swap operation involving securities, fund, and insurance companies for the amount of 50 billion yuan ($7.03 billion) on Monday. The People's Bank of China (PBOC) said 20 institutions participated in the auction and the fee rate is 20 basis points,
Inquirer on MSN12d
China’s fresh push to boost flagging economy, opens up $71 billion ‘swap facility’
With its economy not responding enough to the already announced stimulus package, China is opening up a $71 billion ‘swap ...
Vitol enters into long-term swap arrangement with China Gas
As part of the agreement, Vitol will purchase half a million metric tons of LNG from China Gas’ contracted U.S. volume on FOB ...
China launches US$70 billion swap tool to enhance stock market liquidity
Earlier than expected launch of China’s Securities, Funds and Insurance companies Swap Facility triggers market enthusiasm, ...
PBOC Starts Share Buyback, Equity Swap Tools to Aid Markets
China’s central bank has kicked off a specialized re-lending facility for listed companies and major shareholders to buy back ...
MercoPress7d
China's Renmimbi has become world's second most used currency in trade finance
China has entered into more than 30 bilateral currency swap agreements since December 2008. As of May 15, 2015, the total value of effective currency swap agreements was RMB 2.9 trillion (US$ ...