3:00 Monday vs 3:00 Friday
2yr 98-26 vs 98-27+; 4.751% vs 4.741%
5yr 98-00 vs 97-29+; 4.833% vs 4.851%
10yr 97-12+ vs 97-03+; 5.338% vs 4.996%
30yr 97-13+ vs 96-30; 5.296% vs 5.330%
2/10 21.066 bps vs 25.075 bps
5/30 46.195 bps vs 47.716 bps
What else is happening in Treasury?
Treasury
Shanghai Rural Commercial Bank Issues 4 Billion Yuan Worth of Bonds
Shanghai Rural Commercial Bank (SHA:601825) issued bonds amounting to 4 billion yuan, according to a Shanghai bourse filing over the weekend.The lender's shares rose 1% during Monday's morning trade.The bonds were issued in two tranches. The first tranche is worth 3 billion yuan and has a coupon rate of 1.55% and the second tranche amounted to 1 billion yuan and has an initial coupon rate of 1.60%, which is linked to the one-year loan prime rate minus 140 basis points.Both tranches have a maturity of three years.
SHA:601825
Treasury
China Minsheng Banking Issues 10 Billion Yuan Bond
China Minsheng Banking (SHA:600016, HKG:1988) issued bonds worth 10 billion yuan, according to a Shanghai bourse filing on the weekend.The bonds carry a three-year fixed interest rate with a coupon rate of 1.58%.
HKG:1988SHA:600016
Treasury
Bank of Beijing Raises 30 Billion Yuan Via Bond Issue
Bank of Beijing (SHA:601169) raised 30 billion yuan via the issue of the second tranche of its 2026 undated capital bonds.Proceeds will be used to replenish the additional Tier 1 capital, according to a weekend filing with the Shanghai bourse.The bonds have a coupon rate of 1.88% for the first five years, adjusted every five years.
SHA:601169