1. Local government debt reduction efforts are deepening, with many regions striving to achieve "zero" debt.
2. Proactive capital replenishment by banks may see a peak in subordinated bond issuance in the second quarter.
3. Anyang Iron & Steel plans to issue 400 million yuan in medium-term notes with a 3-year maturity.
4. Wanyi Technology plans to issue convertible bonds not exceeding 375 million yuan for high-end mass spectrometer and intelligent transformation projects.
5. Huo Xiao, Deputy General Manager of Dagong Global Credit Rating Co., Ltd., is under investigation.
6. CITIC Securities still expects the Federal Reserve to cut interest rates by 25 basis points this year, and US Treasury yields may lack sufficient room for further decline.
7. Approximately 3.1 trillion yuan of local government bonds were issued nationwide in the first quarter.
8. Bank of America: A bear market rally is more likely than a bull market in government bonds in the coming years.
9. Chairman of Ruifeng Rural Commercial Bank responds to the expected decline in performance in the fourth quarter of 2025: affected by fluctuations in bond market yields.
10. The Ministry of Finance plans to issue 140 billion yuan of 5-year treasury bonds, which will be listed and traded starting April 17.
