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China’s local government bond issuance to hit record this week

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Chinese local governments will issue combined 483.94 billion yuan bonds this week, the highest one-week amount on record, according to their public announcements.

China's southern Guangdong province will issue no more than 132.67 billion yuan worth of bonds, the biggest issuer this week, followed by Shandong province which will issue 71.99 billion yuan bonds. Jiangxi province and Fujian province will also issue bonds this week.

Chinese Premier Li Keqiang said . . .

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