Summary | None of the government bodies would confirm the
reports.First, the "stick".The proceeds of these issues would
be used to repay legacy debt to creditors, mainly banks.They
will thus be relatively liquid assets for the banks.But the
issue has been scaled down to 52.2 billion yuan from 64.8
billion yuan.All the new bonds will go into the market.The ...
reports.First, the "stick".The proceeds of these issues would
be used to repay legacy debt to creditors, mainly banks.They
will thus be relatively liquid assets for the banks.But the
issue has been scaled down to 52.2 billion yuan from 64.8
billion yuan.All the new bonds will go into the market.The ...
en.ce.cn | 24 May 2015