Home PBOC Official: Coronavirus outbreak has impact on firms’ ability to repay bonds but overall effect not huge

PBOC Official: Coronavirus outbreak has impact on firms’ ability to repay bonds but overall effect not huge

Updated: 24 Feb. 2020 | 08:42

The coronavirus outbreak has impact on firms’ ability to repay bonds but overall effect is not huge, an official at the People’s Bank of China (PBOC) said on Monday.

He added that he still expects bond default risks to decline overall this year.

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