Regulator may loosen constraints on corporate bond issuance

The National Development and Reform Commission is considering easing some quotas in place to curb corporate bond issuance, The Wall Street Journal reported, citing the state run Economic Information Daily. In draft measures which may soon be released for public comment, the commission plans to remove the quotas on some bonds linked to investments in key construction projects as well as overall caps for those of other qualified companies. Though the report did not specify which sectors would be affected, in April the commission encouraged companies to issue bonds tied to projects in infrastructure, new tech and elderly care.