China: $ Bond - Why Issue and Where Should It Price? 

Sandra Chow, CFA    Richard Briggs, Matthew Phan, CFA
10 Sep 2017
Categories: Macroeconomics, Fixed Income, Economics

Country: China

Summary:
China is reported to be readying a dollar sovereign issue. We expect it to price at the tightest end of the EM external sovereign index, inside highly rated sovereigns including Korea, Hong Kong and Israel. This is thanks to what we expect will be a strong technical bid from Chinese banks. China ......


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