Published Jul 9, 2026, 12:14 AM ET · Updated 4 months ago · 1 source

China Asks Bankers to Avoid Underwriting Short-Term LGFV Bonds

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China Asks Bankers to Avoid Underwriting Short-Term LGFV Bonds

China is steering municipal borrowers away from issuing short-term bonds in the domestic market, according to people familiar with the matter, in its latest bid to curb fundraising by weaker issuers.