Скачать или смотреть China will issue record treasury bonds in 2022, leading interest rates lower

China will issue record treasury bonds in 2022, leading interest rates lower SHANGHAI : China plans to sell a record amount of treasury bonds in 2022, while keeping overall interest rates of the issuance lower, as Beijing adopts a proactive policy to stabilize economic growth, a senior official at the finance ministry said. China will provide liquidity support for treasury bond issuance, and will also attract more long-term foreign investors into the world's second-biggest bond market, Wang Xiaolong, director of the Treasury Department, Ministry of Finance, said during a meeting. China, which issued nearly 7 trillion yuan of treasury bonds in 2021, faces multiple challenges, including the pandemic, global inflationary pressure, and uncertainty stemming from the U.S. Federal Reserve's tapering, Wang said. And as interest payment burdens from maturing bonds grow next year, China will moderately increase the proportion of short-term treasury bonds in its issuance in 2022 to guide the overall rates lower, he added. Wang said China will encourage and guide more mid-to-long term foreign capital into China's bond market and hold Chinese debt for longer.