China oneshore bonds: Luzhou LGFV coupon slashed to 1.22%. Poly & Financial St see ~100% put. Jilin guarantee group redeemed early via holder vote. Zijin resold put bonds to keep size. CBs: triggers both ways. #ChinaBonds#creditbonds
China onshore bond market: 27 LGFV instalment repayments in 2 days. Moganshan cut coupon to 1.00%. SOEs abandoning perpetuals. Polar put outcomes: 100% vs 0%. Passive carry era over. #ChinaBonds#FixedIncome#CreditBonds
China onshore credit bonds in motion: Issuers slash coupons via put options (up to -229bps, e.g. GDH Capital 3.29%→1.00%). LGFVs retire debt at scale (Guiyang, Shandong Land). Central SOEs call/redeem extendibles early in low-yield env (10Y CGB ~1.74%). #ChinaBonds#LGFV
The market prices of #China#Vanke notes with ISIN CND10005Z4L1 in China Interbank Bond Market from May 22, 2023 to Nov 28, 2025. This bond will be matured on Dec 15, 2025.#fixedincome#bond#MarketNews
The chart of market prices of a #bond issued by #China Development Bank with ISIN CND10005S515 in China Interbank Bond Market from Oct 26, 2022 to Nov 28, 2025.#MarketUpdate#fixedincome#finance2025
The closing prices of 2022 #China Interest-bearing Treasury Bond 22nd Tranche (ISIN: CND10005QTD8) in China Interbank Bond Market over the years from 2022 to 2025 are specified as following:#treasurybond#bond#fixedincome