Macro Finance
China Seeks to Curb New Bond Sales by LGFVs With Increased Debt
Bloomberg Markets·July 16, 2026·1 min read
A major Chinese bond regulator is taking fresh steps to curb debt sales by the nation's municipal borrowers, according to people familiar with the matter, adding pressure on weaker issuers looking to refinance notes. The move targets local government financing vehicles with increased debt levels.
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