Evergrande's current debts include not only US dollar debts, but also financial products owed to building materials suppliers and bank employees, and it has been unable to raise funds to pay US dollar debts.
Evergrande's existing USD debt is about USD 20 billion, and the maturity date is from 2022 to 2025. There are two kinds of dollar debt, one is "secured" and the other is "Sr unsecured". At present, "guaranteed" dollar bonds are traded at a price of about 25%, while "unsecured" dollar bonds have fallen to the price of 1 1%.