China bond market daily headlines.

Apr

11, 2016 (China Knowledge) Co Last Friday

the settlement of cash bonds up 4.12% from its previous trading day to RMB

295.29 billion and the settlement of bond lending down 52.38% to RMB 2.9

billion, according to China Central Depository & Clearing Co., Ltd.

The benchmark weighted-average 7-day repo rate down 2.1 bps to 2.333%,

and the 14-day repo down 5.1 bps to 2.636%.

The

central parity rate of USD against RMB down 84 pips to 6.4649 today at 09:15

BJT.

The

Shanghai Composite Index down 23.46 points, or 0.78%, to 2,984.96 on 08 Apr,

and the Shenzhen Component Index down 91.34 points, or 0.87%, to 10,413.54. The

GEM Index down 18.75 points, or 0.83%, to 2,229.94.

Today's Headlines

A[cedilla]

China's CPI, a main gauge of inflation, went up 2.3% year on year in

Mar, according to the latest statistics released by the National Bureau of

Statistics (NBS).

A[cedilla]

China's PPI, an indicator of the ex-factory price index of industrial

products, shed 4.3% in Mar 2016 from the same period of 2015, says the NBS.

A[cedilla]

Industrial Bank Co., Ltd. on 08 Apr inked interest rate swap with DBS

China's sub-branch in Shanghai Pilot Free Trade Zone via China Foreign Exchange

Trade System.

A[cedilla]

Volume of China's newly-added credit loans in Q1 is expected to reach a

range of RMB 4.3 trillion to 4.5 trillion, sources reported.

A[cedilla]

The China Securities Regulatory Commission (CSRC) is seeking advice on

the risk control requirements for securities firms and may reduce the minimum

net asset to debt ratio from 20% to 10%, and net capital to net asset ratio

from 40% to 20%.

A[cedilla]

Bank of Tianjin reported a RMB 786 million C[pounds sterling]risk incidentC[yen] related to

its bond lending business, sources reported.

A[cedilla]

The PBoC conducted 7-day reverse repo of RMB 20 billion last Friday at

2.25%.

A[cedilla]

According to statistics, the 13 listed steel enterprises recorded a net

loss of RMB 21.71 billion despite government subsidies of RMB 3.13 billion in

2015. In comparison, these 13 listed steel enterprises recorded a net profit of

RMB 5.62 billion with government subsidies of RMB 2.49 billion in 2014.

A[cedilla]

In Q1 2016, China is working on 8,935 tourism projects. The investment

in tourism industry reached RMB 117.6 billion, up 10.38% YoY.

A[cedilla]

In 2015, China produced 379,000 new energy automobile, up 3.5 times YoY

to be the world's largest volume increment in the new energy automobile market.

A[cedilla]

As of end-Mar...