Chinas Credit Market Sees First Floating Rate Bond Since 2020
A Chinese local government financing vehicle is selling the first floating rate corporate note seen in the domestic bond market in more than four years, even as interest rates in the country are at historically low levels.
Posted by Hicham ALAOUI RIZQ on 2024, Aug 28
Introduction
A Chinese local government financing vehicle is selling the first floating rate corporate note seen in the domestic bond market in more than four years, even as interest rates in the country are at historically low levels.
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