Glad Tidings For Chinese Bond Market As PBOC Cuts Repo Rate

Posted by Jimmy Zhu on November 20, 2019 at 1:09 PM

The People's Bank of China (PBOC) recently lowered the seven-day reverse repurchase rate from 2.55% to 2.5%.

In his exclusive CGTN report, Chief Strategist Jimmy Zhu proposes three possible reasons behind the PBOC's decision to implement the rate cut. Read the full article here.