China Asks Bankers to Avoid Underwriting Short-Term LGFV Bonds
China is steering municipal borrowers away from issuing short-term bonds in the domestic market, according to people familiar with the matter, in its latest bid to curb fundraising by weaker...
By Jackie Cai, Shuiyu Jing · Bloomberg Markets
China is steering municipal borrowers away from issuing short-term bonds in the domestic market, according to people familiar with the matter, in its latest bid to curb fundraising by weaker issuers.