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China Megabanks Kick Off $8 3 Billion Loss-Absorbing Bond Sales
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China megabanks kick off 60 billion yuan loss-absorbing bond sales
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China Resources Materials Tech issues Rmb1bn sustainability-linked panda bond
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Bloomberg and Shanghai Clearing House connect to provide RMB Interest Rate Swap Initial Margin Calculation Service
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(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’