1. The Federal Reserve announced a 25 basis point interest rate cut. Powell said this rate cut can be understood as a risk-management measure; the median of the dot plot suggests a cumulative three rate cuts this year. 2. The People's Bank of China w

2025-09-18

1. The Federal Reserve announced a 25 basis point interest rate cut. Powell said this rate cut can be understood as a risk-management measure; the median of the dot plot suggests a cumulative three rate cuts this year. 2. The People's Bank of China will issue RMB central bank bills through the Hong Kong Monetary Authority's Central Moneymarkets Unit. 3. The issuance of ultra-long-term special government bonds in 2025 reached 1.148 trillion yuan, accounting for 88.3% of the annual plan. 4. The Ministry of Finance announced that the bidding process for the second reissue of the fourth tranche of ultra-long-term special government bonds in 2025 has been completed. 5. Yang Hong, head of the People's Bank of China, stated: "We will actively support qualified financial institutions in issuing financial bonds to enhance the supply of consumer credit." 6. Runjian Co., Ltd. plans to issue no more than 6 billion yuan in debt financing instruments. 7. 14 science and technology innovation bond ETFs have raised a total of nearly 40.8 billion yuan. 8. China Minsheng Bank plans to list its $5 billion medium-term notes on the Hong Kong Stock Exchange. 9. Henan: By the end of 2025, the province's social financing scale will increase to 1 trillion yuan, with over 300 billion yuan in credit bonds issued. 10. China Everbright Bank issued 40 billion yuan in perpetual bonds to supplement Tier 1 capital, with a coupon rate of 2.29%. 11. Runjian Co., Ltd.: Plans to issue up to 6 billion yuan in debt financing instruments to meet the company's computing power and other business funding needs.