1. The People's Bank of China (PBOC) announced that it will conduct overnight reverse repurchase operations on August 14th and from August 17th to August 19th.
2. The PBOC stated it will promptly plan and introduce practical and effective incremental policies to strengthen counter-cyclical adjustments.
3. The PBOC stated it will reduce its focus on loans as the sole financing channel and consider loans and bond financing together.
4. The PBOC stated it will conduct Medium-term Lending Facility (MLF) operations as appropriate and Standing Lending Facility (SLF) operations promptly.
5. Most bank deposit rates were lowered in July, while the 5-year rate rose against the trend.
6. The issuance of "two-year bonds" by commercial banks increased significantly year-on-year this year.
7. The closure of the Strait of Hormuz boosted the performance of emerging market corporate bonds compared to their US counterparts.
8. The Fed's "mouthpiece": Cooling inflation eases pressure to raise interest rates, but hawkish sentiment remains.
9. Zhengrong Real Estate's RMB 6.6 billion domestic bond restructuring plan includes options such as an 8.5-year extension and repurchase at 8% of the remaining face value. 10. Blackstone is considering abandoning its $3 billion debt financing plan.
11. The Japanese government reportedly supports the Bank of Japan raising interest rates more quickly.
12. Kazakhstan plans to issue Panda bonds to raise no more than 6.6 billion yuan; underwriters have inquired about investor interest.
