1. China's Ministry of Finance (MOF) issued on Friday 15 billion yuan worth of 182-day discount T-bills at annualized yield of 2.3150 percent. Statistics from China Government Securities Depository Trust & Clearing Co. showed that yield on the 182-day fixed interest rate T-bonds traded on the domestic interbank market stood at 2.2996 percent. Market players disclosed that the subscription reached 3.11 times the volume offered.
2. China's new yuan-denominated lending in August rose to 809.6 billion yuan (around 125 billion U.S. dollars), up 49 billion yuan from a year earlier, data released by the central bank showed last Friday. M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 13.3 percent year on year to 135.69 trillion yuan at the end of August.
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