Chinese borrowers keep market momentum moving

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By Morgan Davis
16 May 2019

Chinese issuers kept up their bond issuances on Wednesday, despite having to contend with the backdrop of the US-China trade war. Three borrowers raised a combined $840m, proving that investors are still buying a range of credits.

Wednesday’s primary dollar bond market welcomed a Chinese high yield property trade, in addition to bonds from two Chinese local government financing vehicles (LGVFs) and an outing from the Export-Import Bank of Thailand. Bankers say that deals are still coming, although the market is muted thanks to the ...

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