MoF plans a 91-day book-entry discount bond (44th tranche). Competitive tender for a total face amount of 35 bln yuan; additional bids allowed from Class A members. Price set by competitive bidding; issued at a discount to par. Accrual begins July 23

2026-07-21

MoF plans a 91-day book-entry discount bond (44th tranche). Competitive tender for a total face amount of 35 bln yuan; additional bids allowed from Class A members. Price set by competitive bidding; issued at a discount to par. Accrual begins July 23, 2026; principal repaid at par on Oct. 22, 2026 (business-day adjustment for holidays).

Other News
2026-07-21

On July 20th, the Buffett Indicator (CSI 300 market capitalization/GDP) rebounded to 86%, still fluctuating near the upper end of its ten-year trading range in the long term. The equity risk premium (ERP) of the CSI 300 Index, a stock-bond ratio indi

2026-07-21

JP Morgan raises PT on UnitedHealth (UNH.N) to $516 from $466.