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China Banks Use Overnight Rate for Bonds as PBOC Reform Widens

Bloomberg Markets Wednesday 26 August 2026, 00:14 UTC By Bloomberg News 1 min read
Key Points

Chinese lenders have started pricing bonds off the nation’s overnight funding cost, an indication that it’s increasingly the benchmark for the financial system.

Chinese lenders have started pricing bonds off the nation’s overnight funding cost, an indication that it’s increasingly the benchmark for the financial system.
China (LOCATION) Chinese (ORG)
Originally published by Bloomberg Markets Read original →

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