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Asia BondsAsia Corporate BondsAsia - Corp Bonds - High Grade

Yiwu LGFV squeezes price on $500m bond

dollar_squeeze_Adobe_5August

Chinese local government financing vehicle (LGFV) Yiwu State-owned Capital Operation Co replicated its peers’ recent bond pricing success, to raise $500m with a 65bp price tightening during bookbuilding.

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