More Corporate Bonds Are Rated Triple-A in China Despite Coronavirus Pandemic

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China’s credit-rating firms are doling out more triple-A bond ratings, a trend that has continued despite the pandemic

As of mid-October, more than 18.3 trillion yuan, equivalent to $2.

7 trillion, in outstanding yuan-denominated bonds issued by companies and financial institutions in mainland China had the highest possible rating from the country’s credit raters, according to data provider Wind and asset manager Invesco Ltd.

 

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