#SHANGHAI (Reuters) - Chinese regulators have told heavily indebted local government financing vehicles (#LGFVs) to stop issuing offshore bonds with a 364-day duration, closing a regulatory loophole that had allowed them to increase borrowing further last year, four sources familiar with the matter told Reuters. #LGFV

Exclusive-#China tells LGFVs to stop issuing offshore 364-day bonds -sources
https://www.msn.com/en-us/money/news/exclusive-china-tells-lgfvs-to-stop-issuing-offshore-364-day-bonds-sources/ar-AA1mCn68?ocid=emmx-mmx-feeds&PC=EMMX01

Back toot: https://noc.social/@Norobiik/111701322053797427