29.04.2010 - China property bonds flying, but risks lurk
From Reuters: China's developers have been aggressively issuing U.S. dollar bonds this year, with the pace likely to quicken as they take advantage of low funding costs overseas and in anticipation of tighter monetary policy at home. However, an oversupply in the bonds market and mounting debt problems in Greece could sap investor appetite in the near term, meaning that Chinese developers would have to price their bonds with a higher coupon rate, industry executives said........................................Full Article: Source
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