$6bn in Bond Sales Cancelled Across China as Default Scare Spreads, Borrows at Negative Interest Rates for the First Time.

[jim]

Over $6bn in Bond Sales Cancelled Across China as Default Scare Spreads.
A surprise spate of bond defaults by state-owned Chinese firms is spooking investors.

https://asia.nikkei.com/Business/Markets/Over-6bn-in-bond-sales-canceled-across-China-as-default-scare-spreads

China borrows at negative interest rates for the first time.

https://www.republicworld.com/world-news/china/china-borrows-at-negative-interest-rate-as-europeans-seek-to-invest-in-its-growing-economy.html

[Author]

November 24, 2020 at 10:35 AM