Nov 01, 2019 (China Knowledge) - PBoC will not carry out reverse repo, and RMB 60 bln of reverse repo will mature today.
The opening price of 1-day inter-bank pledge-style repo (DR001) was 2.55%, and the weighted average price of the previous day was 2.3174%. The opening price of the 7-day inter-bank pledge-style repo (DR007) registered at 2.65%.
By the end of October, real estate companies had sold more than USD 50 bln worth of bonds overseas.
PBoC will issue RMB 20 bln of three-month bills and RMB 10 bln of one-year bills in Hong Kong on Nov 7.
CCRE Real Estate (0832) proposed to issue USD 200 mln senior notes with 7.9% annual interest rate for medium and long-term debt refinancing.
Affected by the large-scale commercial banks' intensive issuance of perpetual bonds and secondary capital bonds for capital replenishment, financial bond issuance scale for commercial banks increased to a year-high RMB 265.2 bln in Sep, accounting for 75.77% of all bonds issuance.
Real estate companies have issued nearly USD 5 bln in financing plans, and five companies have issued nearly USD 2 bln in financing plans on Oct 30.
HNA Holdings plans to issue USD 60 mln of private placement bonds with an interest rate of 9.5%.
Huawei Investment Holdings will carry out an issuance of 3-years medium-term notes of RMB 3 bln from Nov 5 to Nov 6.
BCL (02868) has applied for USD 3 bln medium-term notes and perpetual securities plan on HKEx for Central Plaza Development Ltd., which will be listed for a 12-month period starting from Nov 1.
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