China central bank suspends treasury bond buying citing short supply

China central bank suspends treasury bond buying citing short supply


A woman walks past the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing, China September 28, 2018.

Jason Lee | Reuters

China’s central bank said on Friday it has decided to suspend treasury bond purchases temporarily due to short supply of the bonds.

The People’s Bank of China said it would resume bond buying depending on supply and demand in the government bond market.

DBS: 'more vitality in capital markets' is needed to revive China's consumer and business confidence



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