Jan
15
Bonds That Were Ground Zero for China Debt Woes Now Top Pick
By-
Investors recommend buying more LGFV notes in 2019: survey
- Stepped-up stimulus measures boost demand for such bonds
China’s stimulus measures are seen easing financial stress at the nation’s debt-laden town builders, making them among the top picks for investors this year, a Bloomberg survey showed.
Some 15 out of 20 analysts and portfolio managers recommend adding more bonds of local government funding vehicles to their portfolios in 2019, according to the survey done in recent weeks. After Chinese government bonds, LGFVs are the most sought after by respondents in the survey, followed by convertible notes…
Bonds That Were Ground Zero for China Debt Woes Now Top Pick
