China’s investment banks have slashed fees for bond issues to as low as $100 as price-sensitive state-owned issuers dominate a tepid credit market and stoke a race to the bottom to win mandates.
由于對價格敏感的國有發行人主導著不溫不火的信貸市場,并引發了一場爭奪委托的競相壓價行為,中國投行已將債券發行費用削減至100美元。
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