China sees debt maturity wall in March and April, significantly more bonds canceled
China sees debt maturity wall in March and April, significantly more bonds canceled

China sees debt maturity wall in March and April, significantly more bonds canceled

 

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China will see a great amount of corporate bonds mature this year, with a peak in March and April when 1.29 trillion yuan and 1.09 trillion yuan of corporates bonds will mature in the two months, respectively, according to data compiled by Guorong Securitis.

In the week of March 15 - 21, as much as 291.4 billion yuan of corporate bonds will mature, the biggest weekly amount so far this year, showed the data.

Zhang Zhigang, analyst at Guorong Securities, said "March and April this year will see the highest maturities this year . . .

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