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UPDATED: March 5, 2008 MARKET WATCH NO.9, 2008
Interbank Bond Issuance Hit 127.6 Billion Yuan
China's stock market rebounded slightly after the securities watchdog made public its stance of discouraging huge refinancing plans of listed companies
 
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NUMBERS OF THE WEEK

$200,000

China vowed on February 25 to provide $200,000 in aid to the WTO's Aid for Trade event to help other developing countries in a bid to improve their ability to participate in international trade. This is the first time China has donated to the WTO.

127.6 billion yuan

Interbank bond issuance hit 127.6 billion yuan ($17.9 billion) in January, up nearly 90 percent year on year, according to a report published by the People's Bank of China. Financial bonds issued by policy banks reached 96.9 billion yuan ($13.55 billion), and was the primary reason for the surge, said the report.

 



 
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