Ministry of Finance: China issues local government bonds worth RMB5.68 trillion from Jan to Sep
2020-10-21 15:02:49 [Print]
According to the official website of Ministry of Finance, China issued local government bonds worth RMB720.5 billion (USD108 billion) in September 2020 and issued approximately RMB5.68 trillion (USD0.85 trillion) from January to September 2020, including general bonds worth about RMB1.98 trillion (USD0.30 trillion) and special bonds worth about RMB3.70 trillion (USD0.56 trillion). In terms of purpose, the figure included new bonds worth about RMB4.30 trillion (USD0.65 trillion) and refinancing bonds worth about RMB1.37 trillion (USD0.21 trillion).
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