1. The People's Bank of China (PBOC) will conduct 400 billion yuan of Medium-term Lending Facility (MLF) operations on April 27. 2. The China Securities Regulatory Commission (CSRC) announced that qualified foreign investors (QFIIs) are allowed to p

2026-04-27

1. The People's Bank of China (PBOC) will conduct 400 billion yuan of Medium-term Lending Facility (MLF) operations on April 27. 2. The China Securities Regulatory Commission (CSRC) announced that qualified foreign investors (QFIIs) are allowed to participate in treasury bond futures trading. 3. The China Financial Futures Exchange (CFFEX) issued a notice regarding matters related to QFIIs and RMB QFIIs participating in treasury bond futures trading. 4. Trump reported a large amount of bond purchases in March in his latest disclosure documents. 5. The US Treasury market is focused on the Federal Reserve meeting and US Treasury auctions, with traders betting on a rate cut by the end of the year. 6. Soaring oil prices increase fiscal uncertainty; S&P downgrades Belgium's credit rating. 7. The Hong Kong Airport Authority is reportedly planning to issue HK$15 billion in bonds. 8. Taking advantage of the window of opportunity for long-term speculation, multiple sources of funds are entering the market through bond funds. 9. Two departments: Expanding the pilot scope of "self-review and self-issue" of local government special bond projects. 10. The PBOC and eight other departments: Loan products will not be allowed to use marketing language such as "low threshold," "instant disbursement," and "low interest rates."