Chinese local governments’ special-purpose bond issuance in Oct hit highest this year, their total bond issuance so far 2021 hit new record driven by refinancing needs
DATA FEATURES
Chinese local governments’ special-purpose bond issuance in Oct hit highest this year, their total bond issuance so far 2021 hit new record driven by refinancing needs
DATA FEATURES

Chinese local governments’ special-purpose bond issuance in Oct hit highest this year, their total bond issuance so far 2021 hit new record driven by refinancing needs

 

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Chinese local governments issued 644.1 billion yuan special-purpose bonds in October, the highest monthly level this year, according to data released by the Ministry of Finance on Tuesday.

They issued a total of 876.1 billion yuan of bonds last month, which also included 232. billion yuan of general-purpose bonds, showed the data. In terms of purposes, the bonds included 614.5 billion yuan of new bonds and 261.6 billion yuan . . .

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