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China removes caps on onshore bonds
Published Wed, Dec 2, 2015 · 09:50 PM
Shanghai
CHINA'S top economic planning agency has removed limits on the number of onshore bonds local companies can issue per year as part of wider moves to cut red tape in the country's corporate bond market.
The National Development and Reform Commission's (NDRC) new streamlined regulations announced on Wednesday will apply to issuers of corporate debt rated AA and above.
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