Chinese property developers are being urged to look at very short-dated US dollar bonds as a way around tighter scrutiny of offshore borrowing. Earlier this month, GREENLAND HOLDING GROUP, via wholly owned subsidiary Greenland Global Investment, privately placed US$320m of 364-day dollar bonds at par to yield 3.85%, and banks are busy gauging investor interest for similar deals. "Many banks have pitched this kind of short-dated bond to us, but whether the developers will print out the deals is yet to be seen," said Elaine Hu, a portfolio manager at Value Partners.
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机译：敦促中国房地产开发商着眼于短期美元债券，以此作为对海外借贷进行更严格审查的一种方式。本月初，GREENLAND HOLDING GROUP通过全资子公司Greenland Global Investment私下配售了3.2亿美元的364天美元债券，票面利率为3.85％，银行正忙于衡量投资者对类似交易的兴趣。 Value Partners投资组合经理Elaine Hu表示：“许多银行已经向我们推出了这种短期债券，但是开发商是否会打印出这些交易还有待观察。”
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