1. The London Clearing House officially accepts Chinese government bonds denominated in offshore RMB as eligible collateral.
2. The Ministry of Finance plans to reissue the 13th tranche of 2026 book-entry interest-bearing government bonds for the first time, with a total face value of RMB 130 billion.
3. In June, 132 bonds issued by local government financing vehicles (LGFVs) lowered their coupon rates.
4. DR007 has returned below the policy rate, indicating that the money market is entering a period of equilibrium recovery.
5. New refinancing regulations are about to be implemented, cooling down private placements and creating opportunities for convertible bonds.
6. Tianqi Lithium: A RMB 6 billion debt financing instrument was registered with the National Association of Financial Market Institutional Investors (NAFMII).
7. Bloomberg Industry Research: The total return of Chinese government bonds reached 494 basis points in the first five months.
8. Anhui Province: Encourages science and technology innovation enterprises and venture capital institutions to issue bonds for financing, providing interest subsidies of up to 50% to enterprises that successfully issue bonds.
9. The Reserve Bank of New Zealand raised interest rates by 25 basis points as expected, hinting at a possible further tightening of policy.
10. Amazon will issue eight tranches of investment-grade bonds, raising at least $25 billion.
