1. The September LPR was released: both the one-year and five-year LPRs remained unchanged.
2. The central bank conducted 14-day reverse repurchase operations again after an eight-month hiatus.
3. The central bank adjusted the operating rules for 14-day reverse repurchases. Experts say this demonstrates a moderately accommodative monetary policy orientation.
4. The central bank issued 60 billion yuan of six-month central bank bills in Hong Kong through a tender, with a winning bid rate of 1.72%.
5. "A screen full of AAA" ratings: the tiered function of the credit bond market urgently needs to be restructured.
6. The Agricultural Bank of China completed its third tranche of 2025 Tier 2 capital bonds (Bond Connect) with a total issuance of 60 billion yuan.
7. The Bank of England reduced its long-term government bond sales to address sluggish demand; targeted policy adjustments are needed.
8. Securities firms have issued over 57 billion yuan in science and technology innovation bonds this year.
9. Institutional investors are investing heavily, with the second batch of science and technology innovation bond ETFs listed.
10. Banks are experiencing a wave of redemptions of their "Second Permanent Bonds" to reduce costs and optimize their structures. 11. The issuance window has entered an "ideal period," with floating-rate bond issuance doubling.
12. Country Garden's domestic debt restructuring plan: 0.1% consent fee, with a cash repurchase option capped at 450 million yuan.
