by bondevalue | Nov 11, 2019 | China, Distressed / Defaulted Bonds
Tsinghua Unigroup Co., one of China’s most strategically important technology companies, has seen the price of its dollar-denominated bonds sink as investors expressed fears over the chipmaker’s financial health. Its Hong Kong-traded $750 million bonds due in...
by bondevalue | Nov 6, 2019 | Sovereign Bonds
China sold bonds denominated in euros for the first time in 15 years, in a bid to lessen its reliance on US dollar funding. The 3-part debt deal, €2 billion in 7-years at a yield of 0.197%, €1 billion in 12-years yielding 0.618% and €1 billion in 20-years yielding...
by bondevalue | Sep 27, 2019 | Asian Dollar Bonds
A record amount of China offshore bond defaults could hit the markets next year as close to US$10 billion in dollar debt from the country matures. US$8.6 billion of offshore dollar bonds will come due in 2020, that were issued by now-stressed borrowers, which are...