当信托经理还在抱怨项目难求时,持续下降一年多的资金成本却开始悄然回升了。有人惊呼,“负债荒”来啦!诚然,各种迹象显示,随着去杠杆监管政策的深入实施,资产荒正在向负债荒转变,且在货币市场以及债券市场收益率持续走高、企业债务融资成本升高的同时,从货币市场带来的资金成本冲击正在信托资金端慢慢显现。 When the trust manager is still complaining that the project is hard to find, the cost of capital, which has been going down for more than a year, has started to quietly rise. Someone exclaimed, “debt shortage” is coming! Admittedly, there are indications that along with the deepening implementation of de-leveraging regulatory policies, assets shortage is turning to debt shortage and yields on the money market and bond market continue to rise, While the cost of corporate debt financing is rising, the impact of the capital cost brought from the money market is slowly showing up on the side of the trust fund.