Tag Archives: chinese municipal bond

Jul 21, 2015

Asia Fixed Income: Record Supply of Chinese Muni Bonds

The Chinese Ministry of Finance (MoF) recently rolled out another muni replacement program of legacy local government debt, as the previous muni replacement quota of RMB 1 trillion only addresses about half of the local government debt that is due to expire in 2015. With the robust expansion plan, it is expected that the total…

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