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المشهد العربي
Citi Advises Buying Long-Term Chinese Bonds
The "City Group" investment department has issued a recommendation to purchase 30-year Chinese government bonds, based on expectations of economic disruptions and a decline in long-term debt issuance, which will boost demand for these instruments. The recommendation aims to reduce the yield on these bonds from 2.088% to around 1.80%, amidst declining local demand and a slowdown in credit issuance, which continues to support the environment for long-term debt instruments in the Chinese market. This recommendation comes despite global market volatility and a slowdown in the sell-off, as the Chinese bond market remains relatively stable compared to other markets.
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