1. Fitch downgraded Credit Suisse's rating to "A" and upgraded UBS's rating to "A" upon completion of the acquisition of Credit Suisse by UBS.
2. Ray Dalio, founder of Bridgewater Associates, said in an interview with CNBC that the current debt problem is unsustainable, but the key is when the problem will arise.
3. China Aoyuan reached a temporary agreement with some foreign debt holders to defer repayment of debt.
4. Xinda Real Estate plans to issue corporate bonds with a total amount not exceeding RMB 1.5 billion, with proceeds to be used for repaying interest-bearing debt.
5. The Asian Infrastructure Investment Bank issued its first 7-year benchmark Swiss franc sustainable development bond on June 6, attracting CHF 200 million in funding.
6. Due to issues such as imprudent pricing of bond issuance and low-price underwriting to gain market share, further regulation is expected for the interbank bond market.
7. Market analysis predicts that the distortion in the bond market is relatively low, and the Bank of Japan is expected to maintain the status quo.
8. The lead manager announced that Germany has hired an investment bank to issue new 30-year green bonds.
9. The yield spread between Italian and German 10-year government bonds has dropped to its lowest point since April 2022.
10. The Pakistani government has pledged to repay bonds on time and fulfill all contracts.
11. Yuneng Holdings plans to apply to the China National Association of Financial Market Institutional Investors to register and issue ultra-short-term commercial paper not exceeding RMB 1.5 billion with a maturity period not exceeding 270 days.