【立方债市通】4家豫企42亿债务融资工具获批/周口城开投遭纪律处分/机构研判2026年债市行情

Key Points - The China Interbank Market Dealers Association announced the addition of 24 institutions qualified for underwriting non-financial corporate debt financing instruments, including 8 general lead underwriters and 15 underwriters [1] - The National Development and Reform Commission and the Ministry of Finance have allocated 62.5 billion yuan in special bonds to support the consumption of old goods, aiming to meet the demand for the upcoming New Year and Spring Festival [3] - The People's Bank of China conducted a 3.125 billion yuan reverse repurchase operation, resulting in a net injection of 253.2 billion yuan into the market [3] - The Henan Provincial Finance Department announced adjustments to the use of funds for 16 special bonds, with a total investment of 11.968 billion yuan [4] - The Tianjin Municipal Committee emphasized the need to accelerate the transformation and exit of financing platforms to effectively mitigate economic risks [5] - The Shandong Provincial Government has introduced measures to support state-owned enterprises in establishing industrial investment funds, encouraging investment in strategic emerging industries [5] - The Shandong Provincial Government Investment Management Measures prohibit local governments from illegally borrowing debt to fund government investment projects [6] - Four companies in Henan have been approved to register a total of 4.241 billion yuan in debt financing instruments [7] - Zhengzhou Urban Construction Group issued 500 million yuan in medium-term notes with a 5-year term and interest rates of 2.49% and 2.39% [9] - The Xinyang Shentou Operation Management Company plans to issue 1 billion yuan in corporate bonds, with Guosen Securities as the underwriter [11] - The Henan Cultural Tourism Investment Group signed a controlling acquisition agreement with Yimei International Travel Agency to strengthen their position in the inbound tourism market [12] - The Jiyuan Investment Group announced a non-compensatory transfer of 54.51 million shares of Henan Yuguang Gold Lead Co., Ltd., valued at 626 million yuan [14] - The China Securities Association released the results of the bond business quality evaluation, with 14 companies receiving an A rating [14] - The market outlook for 2026 indicates new characteristics in the bond market, including potential downward pressure on interest rates and a possible "dual bull" market scenario for stocks and bonds [20][21]