Chinese property developers’ bond issuance jumped 186% in November from previous month, offshore bond sales hit lowest this year

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Chinese property developers' bond issuance picked up significantly in November after authorities repeatedly urged financial institutions to improve financing environment for the cash-strapped real estate sector.

Property developers issued a total of 37.1 billion yuan of corporate bonds in November, surging 186% from the 13 billion yuan in October, according to data from the China Index Academy, one of the largest real estate research firms in the country.

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