China’s LGFV bond issuance hit new low in May, net financing turned negative for first time in nearly three years

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Bond issuance by China's local government financing vehicles (LGFVs) hit a new record low in May amid tightening regulations and net financing via the type of bonds slipped into negative territory for the first time in nearly three years.

According to data from Wind Information, LGFVs . . .

 

 

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