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PBOC Official Media: MOF Sets up Special Treasury Bond Account; Higher Odds for Increased Special Treasury Bond Issuance
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China's Ministry of Finance (MOF) will hold a press conference on "Intensifying Countercyclical Adjustment of Fiscal Policy to Promote High-Quality Economic Development" at the State Council Information Office on Saturday (12th), to which the market reacts positively. According to a report by the People's Bank of China's (PBOC) official media Financial News, the MOF has already established an account for the revenue and expenditure of special treasury bonds, indicating a relatively high likelihood of increased issuance of special treasury bonds. It is expected that by the end of the year, some special bond quotas will be allocated in advance, and the scope of use may be expanded. AAStocks Financial News |
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