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HomeEconomicChina's Finance Ministry Carries Out Treasury Bond Market-Making Support Operation

China’s Finance Ministry Carries Out Treasury Bond Market-Making Support Operation

BEIJING, Nov. 19 (Xinhua) — China’s Ministry of Finance said Monday that it would carry out a treasury bond market-making support operation. The move aims to support treasury bond market-making, enhance liquidity in the secondary treasury bond market, and improve the treasury bond yield curve that reflects market supply and demand, said the ministry. The ministry will sell a total of 1.11 billion yuan (about 152.98 million U.S. dollars) of treasury bonds in the secondary market. Under the treasury bond market-making support mechanism established in 2016, the ministry can utilize operation tools such as buying and selling treasury bonds in the secondary market through a specific platform to support treasury bond market-making.

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