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Local governments announced over 800 billion yuan bond issuance in January

THE WIRE WITH UP-TO-THE-MINUTE UPDATES

Chinese local governments have announced more than 800 billion yuan bond issuance in January, more than double the amount in the same period last year and the third highest one-month issuance since 2018.

They have announced plans to issue combined 861.7 billion yuan worth of bonds this month and 634.4 billion yuan bonds have been issued, according to a statement released by the Ministry of Finance on Tuesday.

That's 443.7 . . .

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