China’s Credit Market Sees First Floating Rate Bond Since 2020

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 33 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 38%
  • Publisher: 63%

Bloomberg News

Floating Rate Note,Corporate Bond,China

(Bloomberg) -- China’s credit market got its first floating-rate corporate bond in more than four years, offering investors an option to hedge against rising...

-- China’s credit market got its first floating-rate corporate bond in more than four years, offering investors an option to hedge against rising rates after yields saw their biggest monthly jump since 2022.How the Cortiços of São Paulo Helped Shelter South America’s Largest City

The timing of this issuance is surprising to some market watchers. Wang Chen, co-founder of Belt & Road Origin Tech Co., a provider of credit-risk analysis, said issuers tend to benefit more from such notes when interest rates are likely to drop further.China’s corporate debt markets have been jolted recently by Beijing’s efforts to to cool down a bond rally.

SHENZHEN, China, Aug. 28, 2024 -- August 26 marks the 14th anniversary of the establishment of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone.

UK politics live: Starmer spooks middle-class over ‘income tax raid’ as post-Brexit talks begin in Germany

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Adnoc Gas Sees LNG Usage Rising as First-Timers Enter Market(Bloomberg) -- Global liquefied natural gas demand is expected to increase further as more countries turn to imports for the first time, said Adnoc Gas’s...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »