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% 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 …
Persistent link: https://www.econbiz.de/10013289527
pertinent to the People's Republic of China (PRC) bond market. The most important implication is that the way to develop fixed …
Persistent link: https://www.econbiz.de/10009697248
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 …
Persistent link: https://www.econbiz.de/10013289541
Green bonds, as a means of financing environmentally friendly projects, began to be issued in China in 2015, and the … issuance amount surged considerably in 2016. This study attempts to analyze the existence of greenium in China's green bond … China entails a process of confirming the price discovery function of the Chinese bond market, which specifies the potential …
Persistent link: https://www.econbiz.de/10013312706
The paper reviewed the evolution and current situation of the fixed-income securities market in China including both …-income securities in China and offers recommendations for further development …
Persistent link: https://www.econbiz.de/10013099139
exchange credit bond markets in China. First, we find that liquidity effects are priced in credit bond yield spreads, and …
Persistent link: https://www.econbiz.de/10012843560
This paper discusses the role of Hong Kong in China's grand scheme to build up the RMB as a global reserve currency. We … highlight the economic importance of Hong Kong to China in terms of channeling foreign direct investment into China, some of … which, in the future, will be denominated in the RMB. We discuss the development of China's RMB currency swap and deposit …
Persistent link: https://www.econbiz.de/10013108053
This paper highlights the relation of two independent streams of the literature, the literature on bond covenants and literature on credit rating inflation and addresses how bond covenants are used to inflate bond ratings to comply with regulation on market access. Agency cost theory predicts...
Persistent link: https://www.econbiz.de/10012911620
The paper focuses on China's onshore bond market and the drivers of non-resident net portfolio flows into Chinese debt … bond flows into China, static and time-varying models are estimated to explain the importance of various push and pull … factors in the context of China's bond market development. While China-specific pull factors, such as domestic economic growth …
Persistent link: https://www.econbiz.de/10014438781
) increased by 7.5% year-on-year while the CPI of the euro area increased by 5.1% year-on-year. In China, the CPI increased by 0 …
Persistent link: https://www.econbiz.de/10013291241