China MOF sells 3-year bonds at 1.29% yield and 10-year bonds at 1.80% yield

China MOF sells 3-year bonds at 1.29% yield and 10-year bonds at 1.80% yield.

China's Ministry of Finance has conducted a bond sale, pricing 3-year bonds at a yield of 1.29% and 10-year bonds at 1.80%. The yields suggest ongoing demand in the fixed income market, but they also reflect the current low-rate environment, which may impact overall investor appetite and the broader rate trajectory in response to fiscal strategies.