Chinese LGFV default fears rise as bond maturities loom

© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Chinese LGFV default fears rise as bond maturities loom

Risk_Fotolia_230x150
Businessmen Taking Risk To achieve | ilkercelik - stock.adobe.com

A default from a Chinese local government financing vehicle (LGFV) is looking increasingly likely, showing how fragile the dollar debt market in the region can be. The risk is certainly there, but DCM bankers are sceptical it could cause a repricing in the offshore bond market, writes Addison Gong.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article