Gate.io News on December 13th: Recently, two 'short essays' have been circulating in the market, which have driven the bond market to accelerate its strength. The content includes: 'Firstly, some banks have received notices that tax-free public offering funds are used as an Indicador de referencia for the size at the end of 2024, so the public offering funds have increased their buying power in the fourth quarter and expanded the base at the end of 2024; secondly, starting from 2025, the quota for banks' on-balance sheet investment in bonds cannot exceed the end of 2024, thus promoting banks to be more active in lending rather than buying bonds. Therefore, banks are also increasing their allocation power and expanding the base of on-balance sheet bond investment at the end of 2024.' In response to this news, reporters contacted multiple institutional sources on the 13th for verification. Multiple officials from stock banks, East China City Commercial Bank, and fund companies denied the above two market rumors and said they have not yet received relevant notices.
