Taking the first bond defaults in each province in China as credit events, we adopt a difference-in-difference model … event day, suggesting a spillover effect. The spillover effect is stronger for local state-owned-enterprise bond defaults … rates and higher general public budget revenue are less affected by the first bond defaults. Overall, our paper provides new …

% year-on-year while the CPI of euro area increased by 5% year-on-year. In China, the CPI increased by 2.3% year-on-year, the ….3%. In this month, monetary policy operations achieved a net money withdrawal for the amount of RMB320 billion, and the bond … repo rates showed ups and downs. Bond yields went down in general, and the ChinaBond New Composite Index rose slightly …

China’s green bond market registered rapid growth in response to the goals of achieving emission peak and carbon … neutrality. In 2021, China’s labeled green bond market amounted to over RMB640 billion, becoming a significant part of the global … green bond market. The following measures can be taken in the future to promote continued sound development of the green …

This paper analyzes the joint dynamic processes of macroeconomic and monetary variables and bond yields in China. We … changes in macroeconomic and monetary variables. These results differ from an earlier study on bond yields by Ang and Piazzesi … policy is conducted in China …

Considering the Chinese and U.S. bond risk premia jointly, we find that n-year bond excess return can be forecast by n … attitude structures in the U.S. bond market change radically in last decade …

This article examines whether there is a correlation between the government bond markets of Asian countries and those … of the USA, and whether the efforts of international organizations to improve bond markets have had any effect in East … Asia. Because the sizes of the government bond markets are larger than those of the corporate bond markets in East Asia …

EMEs exploiting the opportunity. India also launched its rupee-denominated bond (masala bond) abroad in 2013, seeking to … peers, China and Brazil, to learn from their respective paths and experiences in similar regard. The paper concludes by … listing the key essentials for future growth and long-term sustainability of the masala bond market and its emergence as a …

exchange credit bond markets in China. First, we find that liquidity effects are priced in credit bond yield spreads, and … in the Chinese credit bond markets. We identify the most important of the four policy shocks on interbank liberalization … to be the policy on the Bond Connect program linking Chinese and overseas markets …