Chinese bond

rat-trap bond

A modification of Flemish bond with the stretchers laid on edge.
McGraw-Hill Dictionary of Architecture and Construction. Copyright © 2003 by McGraw-Hill Companies, Inc.
References in periodicals archive ?
"There's a tremendous amount of room once things happen both inside and outside of China that will grow the activity in the Chinese bond market, so Tradeweb finds itself in a really terrific position."
While unreservedly recommended for corporate, governmental, community, college, and university library Contemporary International Economics collections in general, and the Chinese Bond Market in particular, it should be noted for the personal reading lists of investors, economics students, corporate executives, academia, governmental policy makers, and non-specialist general readers with an interest in the subject that "The Future of China's Bond Market" is also available in a digital book format (Kindle, $20.00).
In the future, ICBC will continue to follow the regulatory requirements and enrich OTC bond businesses, striving to enable the public to share the development achievements of Chinese bond market.
In an interview, National Treasurer Rosalia De Leon said this is in line with the government's previous statements that it would return to the Chinese bond market after about 12 months from the previous issuance.
During a news conference on Wednesday at the Discovery Primea Hotel, Mamtc President and CEO Aira Gaspar said Manulife's Dragon Growth Equity Feeder Fund enables their investors to take advantage of China's growth story, as its equity market is seen to be more liberalized, by investing their funds in companies in the Chinese bond market.
Congressman Ed Royce, a California Republican, reminded Mr Malpass that in July this year Secretary of State Mike Pompeo had said that there's no rationale for using IMF and American tax dollars that are part of the IMF funding to bailout Chinese bond holders.
A few months ago US secretary of State give a red a red alert that the money of American tax payer is not meant for payment to Chinese bond holders.
Indirect criticism such as by Defence Secretary Mattis that CPEC would pass through 'disputed territory' was replaced by a frontal assault last month by Secretary of State Pompeo stating, in the context of Pakistan possibly seeking an IMF bailout, that 'there is no rationale for IMF tax dollars to bail out Chinese bond holders or China itself.'
The government's successful issue now opens the door for the private sector to access the onshore Chinese bond market for financing.
The Chinese bond yields have been growing since late last year and can be regarded as the leading indicator of growth globally.
Summary: The Chinese bond market is the third largest in the world after the US and Japan with current outstanding at around $9.8tr

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