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国务院周三印发文件提及防范和化解贵州债务风险。
中国政府网1月26日刊登国务院的《关于支持贵州在新时代西部大开发上闯新路的意见》。文件指出,在落实地方政府化债责任和不新增地方政府隐性债务的前提下,允许融资平台公司对符合条件的存量隐性债务,与金融机构协商采取适当的展期、债务重组等方式维持资金周转。
意见发出后,贵州城投债在市场上遭遇抛压。遵义交旅投资(集团)有限公司发行的“20遵旅02”跌4.6%,报83元人民币,创七周来最低。
招商证券分析师李豫泽、尹睿哲在报告中点评称,意见并未提及其他化债措施,而是直接允许适当的展期、债务重组等,或许侧面说明其他化债路径已经相对狭窄。
彭博汇编数据显示,贵州存续城投债逾2000亿元人民币;以去年该省发行的5年期城投债为例,其加权平均殖利率高达6.68%,在全国各省份中为第三高,全国平均仅4.82%。招商证券称,贵州地区城投债折价卖盘占比多数时候维持在25%左右,表明投资者对该地城投债的回避仍在持续。
李豫泽建议,等到化债政策细则落地,再参与贵州地区城投债配置也不迟,没有必要去为不确定的预期买单。
贵州拥有全球市值最高的酿酒企业贵州茅台,2020年茅台的母公司完成了首次债券发行,票息比肩有国家信用背书的利率债,分析指将助力贵州省化解债务。
(彭博社)



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国务院周三印发文件提及防范和化解贵州债务风险。
中国政府网1月26日刊登国务院的《关于支持贵州在新时代西部大开发上闯新路的意见》。文件指出,在落实地方政府化债责任和不新增地方政府隐性债务的前提下,允许融资平台公司对符合条件的存量隐性债务,与金融机构协商采取适当的展期、债务重组等方式维持资金周转。
意见发出后,贵州城投债在市场上遭遇抛压。遵义交旅投资(集团)有限公司发行的“20遵旅02”跌4.6%,报83元人民币,创七周来最低。
招商证券分析师李豫泽、尹睿哲在报告中点评称,意见并未提及其他化债措施,而是直接允许适当的展期、债务重组等,或许侧面说明其他化债路径已经相对狭窄。
彭博汇编数据显示,贵州存续城投债逾2000亿元人民币;以去年该省发行的5年期城投债为例,其加权平均殖利率高达6.68%,在全国各省份中为第三高,全国平均仅4.82%。招商证券称,贵州地区城投债折价卖盘占比多数时候维持在25%左右,表明投资者对该地城投债的回避仍在持续。
李豫泽建议,等到化债政策细则落地,再参与贵州地区城投债配置也不迟,没有必要去为不确定的预期买单。
贵州拥有全球市值最高的酿酒企业贵州茅台,2020年茅台的母公司完成了首次债券发行,票息比肩有国家信用背书的利率债,分析指将助力贵州省化解债务。
(彭博社)

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And while money initially moved into stocks in the morning, capital moved out of safe-haven assets. The price of the 10-year Treasury note fell Friday, sending its yield up to 2% from a March closing low of 1.73%. For example, WhatsApp restricted the number of times a user could forward something, and developed automated systems that detect and flag objectionable content. The account, "War on Fakes," was created on February 24, the same day Russian President Vladimir Putin announced a "special military operation" and troops began invading Ukraine. The page is rife with disinformation, according to The Atlantic Council's Digital Forensic Research Lab, which studies digital extremism and published a report examining the channel. In 2014, Pavel Durov fled the country after allies of the Kremlin took control of the social networking site most know just as VK. Russia's intelligence agency had asked Durov to turn over the data of anti-Kremlin protesters. Durov refused to do so. Apparently upbeat developments in Russia's discussions with Ukraine helped at least temporarily send investors back into risk assets. Russian President Vladimir Putin said during a meeting with his Belarusian counterpart Alexander Lukashenko that there were "certain positive developments" occurring in the talks with Ukraine, according to a transcript of their meeting. Putin added that discussions were happening "almost on a daily basis."
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