Aoyuan, Qingdao LGFV dive into bonds before central bank meetings

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Aoyuan, Qingdao LGFV dive into bonds before central bank meetings

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The freediver moves underwater near the coral reef at the depth of Blue Hole. Read Sea, Egypt. | Sergey Orlov/serg269 - Fotolia

China Aoyuan Property Group raised a larger than planned $225m from a tap of its existing note on Monday, but had to pay up for the transaction. A Chinese local government financing vehicle (LGFV), on the other hand, fell short of its size expectation.

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