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China to Consider Letting Listed Developers Sell Interbank Bonds

China may allow listed developers to sell bonds on its interbank market for the building of homes, providing a possible new source of financing to a sector facing cooling prices and surging debt levels.

The National Association of Financial Market Institutional Investors held a meeting on Aug. 29 with some underwriters and told them the plan, people familiar with the matter said today. The people asked not to be identified citing company policy.