China Moves to Curb Ultra-Low Bill Rates As Weak Loan Demand Distorts Credit Market
Chinese regulators have instructed some banks not to conduct bill re-discount transactions below an interest rate of 0.5%, stepping up efforts to curb aggressive trading activity in the country’s…
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China tells some banks not to re-discount bills at rates below 0.5%, sources say
July 14 (Reuters) - Chinese regulators have issued guidance to some banks barring them from conducting bill re-discount operations at rates
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