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China's central bank sets up non-bank financial institution bond market swap facility

Economic Times ·First reported
Economic TimesChina's central bank sets up non-bank financial institution bond market swap facility
Image: Economic Times

China's central bank has introduced the Bond Market NBFI Swap Facility as of Monday. This initiative is designed to stabilize the bond market amid potential systemic stress or liquidity issues. Bank wealth management subsidiaries and public fund managers…

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