1. State Council Executive Meeting: Efforts should be intensified to improve the efficiency of utilizing central government budgetary investment, ultra-long-term special treasury bonds, local government special bonds, and new policy-based financial i

2026-02-09

1. State Council Executive Meeting: Efforts should be intensified to improve the efficiency of utilizing central government budgetary investment, ultra-long-term special treasury bonds, local government special bonds, and new policy-based financial instruments. 2. Federal Reserve Vice Chairman Jefferson hinted that no policy adjustments are needed in the short term. 3. Federal Reserve Chairman Daly: The Federal Reserve must balance the dual risks of its dual mandate. 4. Closed-door seminar on policy outlook for the National People's Congress and the Chinese People's Political Consultative Conference (NPC & CPPCC): Suggestions included increasing the issuance of treasury bonds, lowering interest rates, and stabilizing the housing market. 5. Domestic bond issuance by securities firms exceeded 419.3 billion yuan this year, a year-on-year increase of 458%. 6. China International Capital Corporation (CICC): Plans to issue $1.4 billion in floating-rate notes for debt repayment and other purposes. 7. The ABS market has entered a highly competitive arena; securities firms are undergoing strategic transformation in asset management, seeking differentiated breakthroughs. 8. Balancing "stabilizing growth" and "preventing risks," local government bond issuance has accelerated since the beginning of the year. 9. Bond funds have significantly given way, with equity funds becoming the dominant force in the new issuance market. 10. Tianshan Cement: Plans to issue no more than 5 billion yuan in net short-term bonds in 2026. 11. The Reserve Bank of India denied reducing its holdings of US Treasury bonds, stating that the changes in holdings were normal fluctuations.