1. The People's Bank of China (PBOC) conducted a 700 billion yuan Medium-term Lending Facility (MLF) operation on October 26, with a term of one year. 2. France temporarily avoided a Moody's downgrade, but the outlook remains negative. 3. The weigh

2026-10-26

1. The People's Bank of China (PBOC) conducted a 700 billion yuan Medium-term Lending Facility (MLF) operation on October 26, with a term of one year. 2. France temporarily avoided a Moody's downgrade, but the outlook remains negative. 3. The weighting of China in the FTSE World Government Bond Index rose to 11.9%. 4. Local opposition in the US intensifies; S&P warns of rising credit risk in data centers. 5. China Shenhua Energy plans to register and issue debt financing instruments and corporate bonds, with a total quota of 30 billion yuan. 6. Meituan proposes to issue RMB senior notes, aiming to raise approximately US$1 billion. 7. The bond market is trending upward with volatility; analysts say that ultra-long-term bonds still offer structural opportunities. 8. Shimao Group defaulted on US$9.07 billion of offshore debt, triggering a liquidation petition by Guotong Trust. 9. Fitch reaffirmed Luxembourg's rating at "AAA" with a stable outlook. 10. Fitch maintained Ukraine's rating at "CCC," citing significant credit risk posed by the war. 11. Musk: SpaceX has completed $40 billion in debt financing to purchase GPUs. 12. French bonds were sold off, while Australian superannuation funds bucked the trend and entered the market.

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