Demand grows for dollar bond launches
By Lin Jing in Hong Kong and Chen Jia in Beijing | China Daily | Updated: 2013-05-15 07:46
Chinese companies climbing on bandwagon to refinance debt: experts
Low interest rates, and ample money supply overseas, are luring more Chinese companies to issue dollar-denominated bonds to refinance debt, according to financial industry specialists.
Issuers on the mainland and in Hong Kong have sold $18.8 billion worth of bonds so far this year, more than six times the total for the same period last year, data from Bloomberg show.
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