Bond

城投债融资成本与风险传染——基于非标融资违约的视角 (Financing Cost of Local Government Financing Vehicle Bond and Risk Contagion: Based on the Perspective of Non-Standard Financing Default) [in Chinese]
In recent years, the frequent occurrence of non-standard defaults of local government financing vehicle (LGFV) has aggravated the risk of local government implicit debt.
Weilin Jiao, Weiwei Zheng, Xu Zheng
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城投债融资成本与风险传染——基于非标融资违约的视角 (Financing Cost of Local Government Financing Vehicle Bond and Risk Contagion: Based on the Perspective of Non-Standard Financing Default) [in Chinese]