Connect with us

Hi, what are you looking for?

Imsilkroad

China issues 895.1 bln yuan in local gov’t bonds in Q1

Abstract : China's local governments have issued 895.1 billion yuan (about 137.85 billion U.S. dollars) worth of bonds in the first quarter of this year, official data showed.

BEIJING, April 24 (Xinhua) — China’s local governments have issued 895.1 billion yuan (about 137.85 billion U.S. dollars) worth of bonds in the first quarter of this year, official data showed.

Of the total, special bond issuance came in at 374.1 billion yuan in the first three months while the issuance of general bonds amounted to 521 billion yuan, according to the Ministry of Finance (MOF).

In March alone, local government bond issuance reached 477.1 billion yuan, with the issuance of special bonds hitting 198.3 billion yuan.

MOF data also showed local government bonds were issued at an average issuance term of 7.7 years in March and at an average interest rate of 3.44 percent.

By the end of March, China’s outstanding local government debt stood at around 26.2 trillion yuan, within the official limit of 33.28 trillion yuan for this year, the ministry said. Enditem

About Xinhua Silk Road

Xinhua Silk Road (en.imsilkroad.com) is the Belt and Road Initiative (BRI) portal. China’s silk road economic belt and the 21st century maritime silk road website, include BRI Policy, BRI Trade, BRI Investment, Belt and Road weekly, Know Belt and Road, and the integrated information services for the Belt and Road Initiative (BRI).

Source: China issues 895.1 bln yuan in local gov’t bonds in Q1

Press Release Wring Service
Press Release Wring Service Senmer Press Release Service

Trending

You May Also Like

Purifier

Hot selling well newest reserch humidifier with three grades mist output air purifiers 1 Specification& function Specification Product name 6-Stage Purification Air Purifier With Negative Anion and Humidifier Model No. OLS-K05 Negative ionic releasing(/cm3) 50 million...

Purifier

Best indoor air purifier small house purification with HEPA Porduct Name Air Purifier Model A3 Style Household / business type Lowest Noise 30 dB Particulate CADR 200m³/h Highest Noise 58 dB Voltage 110 / 220V(Optional) Rated Power...

Sticky Post

Repost Your Products Articles To Web2.0 + Social Sites + Photo Sites + Bookmark Sites 0.5$ to publish 1 article to 15 sites,average just...

Purifier

We believe that always we would hear the hydrogen water have antioxidation fuction, actually we don’t know what is antioxidation and why it’s so...