trending Market Intelligence /marketintelligence/en/news-insights/trending/aui0rzut06b-qmf3wblo9w2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Report: China regulator sets cap for mutual funds' investment in NCDs

Key Credit Risk Factors When Assessing Banks In The Context Of COVID-19

Street Talk Episode 61 - Investors debate if U.S. banks have enough capital in post COVID world

You Down With PPP? Consider The Risks

Street Talk Episode 60 - You Down With PPP? Consider The Risks


Report: China regulator sets cap for mutual funds' investment in NCDs

The China Securities Regulatory Commission has set a cap for investments by mutual funds into negotiable certificates of deposit, or NCDs, in a bid to reduce risks in the country's financial system, Reuters reported March 27, citing "people with knowledge of the matter."

Through the "window guidance," the regulator advised mutual funds to limit their total NCD allocation to not more than 20% of the portfolio when a bond fund is set up.

Newly launched bond funds could also feature less than 80% of bonds, the guidelines added. Window guidance is typically informal instructions that are often relayed verbally with no written notice.

The guidance came in response to concerns over excessive NCD allocation in bond funds of mutual fund companies, the news outlet said, citing a message directed at such entities in Shanghai.

The regulator did not comment on the matter, Reuters added.