Kazakhstan's first offshore renminbi bond makes little financial sense but might go some way to repairing the suspicion built up of Belt and Road Initiatives in the country.
A new pilot scheme to allow Chinese banks to trade government bond futures is a very healthy step in the right direction towards fully liberalising the market and allowing foreign investors to finally tap it, experts believe.
The coronavirus infection is bound to hit China’s wallet hard. Experts expect corporate bond defaults to jump unless regulators can help facilitate changes in repayments.
The rarity value of an offshore bond issue from a large Chinese internet services firm has led to strong investor demand for the $5 billion paper, especially at the long end.
The company that once aspired to be China's Netflix agrees a deal on debt with Shenzhen listed Leshi. But Leshi, toiling under a $1 billion debt mountain, is not out of the woods.
Choijilsuren Battogtokh, head of Mongolia's budget committee, explains why better than expected economic data and a restructuring of the banking sector are improving the country’s credit metrics.