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It sold debts owed by a steel mill for 20m yuan and those of a cleaning-supplies company for 4.4m.
One reason might be that its bankers sold debts to one another to a point at which major institutions went broke.
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The government sold debt maturing in two years at a yield of 0.31 percent.
Though the business was sold debt-free it came with problems.
The comment exasperated many investors, some of whom promptly sold debt holdings, according to sources familiar with trades.
In early 2012 a trust company sold debt for the center that was guaranteed by the local government's stakes in two local power plants.
The yield gap between Portuguese and German 10-year bonds climbed to a record and Italian yields rose as the government sold debt.
At £12.5bn, EE is being sold debt-free at just 7.8 times its top-line earnings before interest, tax and depreciation.
Portugal this week, for the first time in its history, sold debt at a negative yield - auctioning €300m euros (£210m) of six-month bills at minus 0.002%.
It was widely believed that, by selling debts in securitised form, banks were making the system more stable.
Answer: In the past, poor record-keeping and unethical behavior meant some debt buyers routinely re-sold debts that were supposed to be settled.
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