Domestic savings pools have deepened over the past decade to absorb the supply of local debt issues.

国内储蓄在过去十年增加了并消化了国内债务的供给。

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Besides, China's local debt, over 70% of which was incurred for infrastructure development, is backed by assets.

地方性债务70%以上用于基础设施建设，是有资产保障的。

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CHINA BUSINESS JOURNAL news, according to the bond issue size of this year, it is expected that next year's local debt replacing stock debt will end.

中国经营报消息，按照今年的发债规模，预计明年地方债券置换存量债务将结束。

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Other notable entrants are WisdomTree Emerging Markets Local Debt (ELD) and Cambria Global Tactical (GTAA) .

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That maturity has a lot of countries issueing more local debt than sovereign debt.

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ING, for instance, wants to sell local debt instruments, like Brazilian treasury bills, to foreign investors.

ECONOMIST: Investment banking