Chinese lenders price bonds off overnight funding rate as PBOC reforms reshape benchmarks
The shift to overnight rates as benchmarks may lower borrowing costs but increases exposure to liquidity fluctuations, impacting market stability.
The post Chinese lenders price bonds off overnight funding rate as PBOC reforms reshape benchmarks appeared first on Crypto Briefing.
This content is automatically aggregated. Full credit goes to the original publisher (cryptobriefing.com).
