The main unit of China's Evergrande Group said on Wednesday it would make a bond coupon payment on Thursday, offering some relief to jittery markets that had been on edge over fears that a default by China's No. 2 developer could ripple through the global financial system.
U.S. stock futures, the yuan and the risk-sensitive Australian dollar rose, while safe-haven assets such as the yen and U.S. Treasuries slipped.
Hengda Real Estate Group, an Evergrande subsidiary, said in a statement it would make the coupon payment on its Shenzhen-traded 5.8% September 2025 bond on time on Thursday.
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