Updated: MoF kicks off Rmb100bn special treasury bond sale

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Updated: MoF kicks off Rmb100bn special treasury bond sale

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Closeup of man in sterile protective suit and mask showing thumbs up. He just disinfected whole garage from covid - 19/ corona virus. | dusan petkovic/dusanpetkovic1 - stock.adobe.com

China will start selling the first batch of its Covid-19-themed ‘special treasury bonds’ this week. While it will only raise Rmb100bn ($14.1bn) initially, the overall target of Rmb1tr has raised some concerns around short-term liquidity in the market.

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