Press "Enter" to skip to content

Local government bond sales slow sharply in April, coupons higher

China's local government bond sales slowed significantly in April with coupons, in particular on bonds issued by underdeveloped regions, rising considerably.

Local governments issued a total of 227 billion yuan worth of bonds last month, marking a sharp slowdown from March when total sales reached 625 billion yuan, according to the latest data released by the Ministry of Finance.

Bond issuance last month was also considerably lower than the . . .

To continue reading, please subscribe.

FREE TRIAL

We highly value independence. Yuan Talks is solely funded by subscriptions from thousands of intelligent readers like you. 

What you'll get:

  • Original and in-depth reporting on China's economy and financial markets
  • Details, data and perspectives you don't read elsewhere
  • Daily Brief newsletters to get you prepared for every trading day
  • Weekly updates on China's financial markets - stocks, bonds, the yuan and commodities
  • Interviews and discussions on topics you should never miss!

 

Already have an account? Sign In

Top