China LGFV Bond Sales Boom Again as Beijing Steps Up Support bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) A local government financing vehicle from one of China’s most indebted cities enjoyed overwhelming demand for a yuan bond sale, in a sign that Beijing’s fresh efforts to defuse debt risks among regional authorities are reviving demand for such securities.Most Read from BloombergHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeRussia Calls Emergency Key Rate Meeting as Ruble PlungesTycoon’s Fortune Soars $39 Billion on Eyebrow-Raising SPACRussia’