Bonds news in brief: Mengniu Dairy, LGFVs rush out post Powell hearing
A wave of issuers — mostly Chinese — including China Mengniu Dairy Co and local government financing vehicle Guangzhou Development District Financial Holdings flooded the bond market on Thursday, riding the positive sentiment after the US Federal Reserve chairman Jerome Powell signalled a rate cut later this month.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: