Investors are pouring their cash into safe financial products amid a continuing crisis in the country’s real estate sector

A month-end scramble for cash and a flood of government bond sales triggered an overnight record surge in rate for pledged repo on October 31

The debt-ridden developer said it hopes to extend its repayment deadline after "experiencing significant declines in its sales and operations"

China bonds registered $2.5 billion of outflows last month, the fifth consecutive month of foreign outflows, but over $9.1 billion of foreign inflows went into China's stock market in June, the IIF said

The five-year $200 million social bond with a coupon rate of 5.875%, and $500m green perpetual bond at a coupon rate of 6.15% were oversubscribed by nearly five times, the group said.

AIIB, a multilateral development bank headquartered in Beijing, issued 1.5 billion yuan ($224 million) of three-year bonds with a coupon rate of 2.4%

The issue will be one of the first by a Chinese developer this year in a US dollar bond market amid concerns about the health of the property sector after a series of defaults

The move is aimed at helping companies better manage their debts and protect investors' interests, the National Association of Financial Market Institutional Investors said

It was the steepest monthly percentage drop in foreign investors' holdings of CGBs since August 2015, Reuters calculations showed