Qinghai Provincial Investment Group, a state-backed Chinese aluminum producer, is yet to make a coupon payment on a $300 million 2020 note, which came due Thursday, according to a Bloomberg report. It is worth noting that there is no grace period for a missed coupon on Qinghai Provincial’s 2020 note, according to the bond prospectus. Missing the dollar bond coupon payment indicates that a local government-led debt restructuring program is yet to ease financial pressures. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/IDR technical analysis: Choppy inside 8-day old symmetrical triangle FX Street 4 years Qinghai Provincial Investment Group, a state-backed Chinese aluminum producer, is yet to make a coupon payment on a $300 million 2020 note, which came due Thursday, according to a Bloomberg report. It is worth noting that there is no grace period for a missed coupon on Qinghai Provincial's 2020 note, according to the bond prospectus. Missing the dollar bond coupon payment indicates that a local government-led debt restructuring program is yet to ease financial pressures. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
