FX/Bonds

China MOF auctioned 10yr and 30yr ultra-long special bonds at an average yield of 1.66% and 2.14%, respectively

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China's MOF auctioned 10-year and 30-year bonds at 1.66% and 2.14% on August 14. This represents a yield decline compared to July auctions, amid shifting investor demand and structural premiums.

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