China Sells $4 Billion Dollar Bond Amid Evergrande Woes

China Sells $4 Billion Dollar Bond Amid Evergrande Woes

Assessment

Interactive Video

Business

University

Hard

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The video discusses China's strong demand for sovereign issuances since its return to the dollar bond market in 2017. It details a recent $4 billion bond sale in Hong Kong, noting a decrease from a $6 billion offering the previous year. The video highlights investor sentiment amid China-specific risks, particularly the high yield bond issues linked to Evergrande. It concludes with an update on Evergrande's financial situation, including missed dollar coupon payments and recent onshore bond payments.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What financial issues are associated with Evergrande as mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the amount of the onshore bond coupon that Evergrande needed to pay?

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