PBOC: Merge to establish a risk-sharing tool for technological innovation and private enterprise bonds, providing a total of 200 billion yuan in rediscounting quotas.
Deputy Governor of the Central Bank Zou Lan stated that a risk-sharing tool for technology innovation and private enterprise bonds will be established by merging them. The previously established financing support tool for private enterprise bonds will be combined with the risk-sharing tool for technology innovation bonds and jointly managed, providing a total of 200 billion yuan in rediscount quotas.
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