PBOC Signals Possible Government Bond Sales to Cool Market Rally

The People’s Bank of China (PBOC) has announced that it will borrow government bonds from primary dealers, indicating a potential move to sell securities in order to address a market rally. In a statement, China’s central bank stated that it has decided to borrow bonds from select dealers to ensure the smooth operation of the bond market. This decision comes after careful evaluation of the current market conditions. Additionally, a loading animation is displayed on the page, and a message for subscribers only is shown, allowing them to view options. This move by the PBOC suggests a proactive approach to managing market volatility and maintaining stability in the bond market.