1. US Treasury yields rose, influenced by expectations of interest rate cuts and high corporate bond issuance.
2. Alphabet, Google's parent company, plans to issue at least €3 billion in bonds to finance its AI expansion plans.
3. Finance Minister Lan Fo'an stated that not increasing implicit debt will be a "firm rule."
4. Local government bond issuance totaled approximately 9.1062 trillion yuan in the first ten months of this year, a 23% year-on-year increase.
5. Yili will issue its 19th tranche of ultra-short-term financing bonds for 2025, with a maximum size of 3.5 billion yuan.
6. Is China Resources Land expected to issue approximately $1 billion in offshore bonds this month? A representative from China Resources Land declined to comment.
7. Lu Lei, Vice Governor of the People's Bank of China, stated that as of the end of September, 1,176 overseas institutions had entered the domestic bond market, holding 3.8 trillion yuan in bonds.
8. The number of "fallen angels" in the corporate bond market has increased significantly and may continue to rise next year, exposing potential risks in the credit market. 9. CITIC Securities will issue its eighth corporate bond tranche, not exceeding RMB 5 billion.
10. UBS will issue USD 3.25 billion in dual-tranche bonds with a maximum coupon rate of 5.528%.
11. China Railway Construction plans to issue 5-year and 10-year green bonds, with initial price ranges of 2.65% and 3.05%, respectively.
