PBOC Rate Shift Plan Would Lower Borrowing Costs: Analysts
The People’s Bank of China’s consideration of shifting its policy rate benchmark to the overnight reverse-repo rate would effectively lower borrowing costs, supporting bond investments, according to analysts.
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Abrir la fuente originalThe People’s Bank of China’s consideration of shifting its policy rate benchmark to the overnight reverse-repo rate would effectively lower borrowing costs, supporting bond investments, according to analysts.