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

THE WIRE - Yuan Talks' member-exclusive news service with up-to-the-minute updates every trading day!

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 . . .

 

 

SIGN IN  OR SUBSCRIBE TO GET FULL ACCESS.

 

Yuan Talks provides a member-exclusive real-time wire on China's economy and financial markets, with Details and Data you don't see elsewhere! 

FAST. RELEVANT. BRIDGE THE GAP.

 

Start for free

One-click cancel any time!