This site uses cookies to provide you with a great user experience. By using BondbloX, you accept our use of cookies.
Bond Market News
Dollar Bonds of Vanke, Seazen, Longfor Rise on China Support
May 17, 2024
Dollar bonds of Vanke, Seazen and Longfor were at the top of yesterday’s gainers list, rising by over 5% across the curve. This comes after sources said that China was considering a proposal where local governments’ SOEs across the country buy unsold homes of developers to help the sector. Besides, in other positive news, Vanke said that it will make interest payments on two local bonds. Seazen meanwhile said that its domestic unit plans to sell RMB 1.36bn ($190mn) of two yuan-denominated bonds guaranteed by China Bond Insurance.
Go back to Latest bond Market News
Related Posts:
BondbloX Pte. Ltd. is regulated by the Monetary Authority of Singapore as a Recognised Market Operator ("RMO") and exempted from Section 49(1) of the Securities and Futures Act (Cap. 289) ("SFA") under Section 49(7) of the SFA.