Report
China’s repo push reportedly gains traction despite legal friction and low yields
Bloomberg reports that China’s effort to help global investors borrow against their 3.2 trillion yuan ($477 billion) in domestic bond holdings is gaining traction.
TLDR
Bloomberg reports that China’s effort to help global investors borrow against their domestic bond holdings is gaining traction, though legal friction and low yields limit broader participation. Those holdings total 3.2 trillion yuan ($477 billion).
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