Free Trial

Remains Vulnerable


Trend Needle Points North


Bonds Near Highs, Yield Curves Flatter


Bearish Outlook

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
CHINA PRESS: Despite an increase in onshore bond issuance, the finances of
Chinese property developers are still tight, 21st Century Business Herald
reported Friday.
  - Property companies of different sizes vowed to deleverage and seek cash
returns at their half-year result conferences this year, the newspaper said;
  - Several companies predict financing costs will continue to rise for them
over the rest of the year, the report said;
  - Chinese banks are following the central government's policy to strictly
control credit flowing to the property market, which is weighing down
development of the sector, the newspaper said, citing a bank's manager;
  - Developers issued CNY25.1 billion and CNY16.7 billion bonds onshore in July
and August respectively, higher than CNY11.1 billion in June.

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.