China's central bank launches swap facility to bolster capital market-Xinhua

China's central bank launches swap facility to bolster capital market

Source: Xinhua

Editor: huaxia

2024-10-18 11:26:00

BEIJING, Oct. 18 (Xinhua) -- China's central bank on Friday launched the Securities, Funds and Insurance companies Swap Facility, with the initial application quota exceeding 200 billion yuan (about 28.1 billion U.S. dollars), to support the healthy and stable development of the capital market.