Hunan Provincial Expressway Construction Group is delaying payment on 3.11 billion yuan ($490.5 million) in interest, documents governing the securities show this month. Guangdong Provincial Communications Group Co, the second-largest debtor, is following suit. So are two others among the biggest 11 debtors, for a total of 30.16 billion yuan, according to bond prospectuses from 55 local authorities that have raised money in capital markets since the beginning of November.Provincial borrowers defer loan payments
Bank of Canada to cut rates first?
-
Statistics Canada released the consumer price index (CPI) for the March
quarter. The CPI rose 2.9% year-over-year in March, up from a 2.8% gain in
Februa...
No comments:
Post a Comment