1. The People's Bank of China (PBOC) has completed high-quality statistics on local government financing platform debt, enhancing the sensitivity and forward-looking nature of its situation analysis.
2. The PBOC recommends leveraging the integrated effect of incremental and existing policies, comprehensively utilizing various tools, and strengthening monetary policy regulation.
3. Arrangements for second-quarter treasury bond issuance have been announced; institutions believe issuance is expected to increase significantly in the second quarter.
4. Issuance of new special-purpose bonds accelerated and investment targets optimized in the first quarter.
5. Since the outbreak of the Iran-Iraq War, global central banks have sold $81.5 billion in US Treasury bonds.
6. The Shanghai Stock Exchange has issued 142.8 billion yuan of science and technology innovation bonds this year, an increase of 83% year-on-year.
7. The bond market briefly respite from "troop withdrawal expectations," but sentiment remains fragile ahead of Easter.
8. ETF trading volume in the two markets exceeded 400 billion yuan, with bond ETFs accounting for more than half.
9. The first-quarter 2026 bond underwriting rankings have been released, with Bank of China, China Construction Bank, and Industrial and Commercial Bank of China ranking as the top three bank underwriters.
10. 154 bonds totaling 142.8 billion yuan were issued, representing an 83% increase in the issuance of science and technology innovation bonds on the Shanghai Stock Exchange in the first quarter.
