China bonds get muted response pre-Fed meeting

Yunnan Energy and Zhenjiang Transportation managed to close dollar bonds this week. But as investors focused on the possibility of a US rate hike, they had to do so without big demand.

A pair of Chinese local government financing vehicles (LGFVs) tapped the international bond markets this week, braving the market ahead of the US Federal Reserve's monetary policy meeting next week.

¬ Haymarket Media Limited. All rights reserved.

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