China Pledges More Support For Banks’ Perpetual Bond Issuance | 5/31/2017 | Staff
Fubu_chik (Posted by) Level 3
Perpetual bonds, or “perps”, could potentially convert the debt into equity as more banks actively prepare to sell such bonds, Pan Gongsheng, vice governor of the People’s Bank of China (PBOC), told reporters at a briefing in Beijing.

The government does not...
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