December 6, 2022

Forex Solution

Learn To Trade Forex

Authorities in China will require property developers to disclose commercial paper debt every month

1 min read

CP debt levels to be disclosed as issuance expands rapidly. Its been a popular method for property developers in the country to raise funds. 

  • commonly used in the property sector as a payable that promises construction suppliers a payment on a future fixed date
  • usually within one year
  • suppliers sometimes sell the paper before maturity at a discount in the secondary market

The move is aimed at reeling in rising debt in the property sector.

Invest in yourself. See our forex education hub.

Source link

Copyright © All rights reserved. | Newsphere by AF themes.