From Reuters: Central Huijin Investment, the domestic investment arm of China’s sovereign wealth fund, auctioned 20 billion yuan of five-year bonds in China’s interbank market on Thursday at a coupon of 3.14 percent, near the top end of market forecasts, reflecting tighter liquidity conditions.
Market forecasts had centred around 3.07 percent and ranged from 3.00 and 3.15 percent……………………………………….Full Article: Source