4T Corporate Debt Coming Due in China- Report

Chinese companies must repay 4 trillion yuan (USD614 billion) of bonds coming due this year, according to securities firm research. Chinese companies has an aggregate RMB 4 trillion coming due in 2018 and investors may also exercise options to sell an additional RMB 910 billion of securities back to issuers, Bloomberg reported citing Huachuang Securities research. There is a high probability investors who have options to sell back to property developer as well as local government financing vehicle bonds will do so, the report says.


– Agencies

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