Summary | The changes will make it easier for local government
financing vehicles to issue enterprise bonds.The NDRC
previously put strict limits on the number of bond sales by a
municipal government.China's bond market is crowded with issues
from capital-intensive SOEs and LGFVs.According to Fitch, 90
percent of the outstanding bonds were issued by SOEs as of the ...
financing vehicles to issue enterprise bonds.The NDRC
previously put strict limits on the number of bond sales by a
municipal government.China's bond market is crowded with issues
from capital-intensive SOEs and LGFVs.According to Fitch, 90
percent of the outstanding bonds were issued by SOEs as of the ...
en.ce.cn | 20 May 2015