Property News · January 4, 2018

Buyers beware: China’s property bonds face the highest risk of default among borrowers in 2018


Bonds from China’s property developers face the biggest risk of default in the nation’s domestic debt market as the government’s funding curbs strain their finances, according to a survey of analysts and traders.
Ten out of 15 respondents in a Bloomberg survey late December see some payment failures among developers this year. Most predict yield spreads on corporate bonds that surged to four-year highs in 2017 to climb more. Builders are most vulnerable as they face policy…

Source : South China Morning Post
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