China’s Credit Market Sees First Floating Rate Bond Since 2020
(Bloomberg) -- A Chinese local government financing vehicle is selling the first floating rate corporate note seen in the domestic bond market in more than four years, even as interest rates in the country are at historically low levels.Most Read from BloombergNazi Bunker’s Leafy Makeover Turns Ugly Past Into Urban EyecatcherChicago Overcomes DNC Skeptics With Calm, Parties and SunHow the Cortiços of São Paulo Helped Shelter South America’s Largest CityShanghai Lingang Economic Development (Grou