We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Broken bonds

30 December 2020 By Pete Sweeney

Beijing suspended CCXI’s credit rating business after a top-marked miner defaulted soon after selling new debt. A 30% stake held by Moody’s suggests foreign influence didn’t upgrade the industry. Rising state issuance has made pricing risk even more political than financial.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)