Photo: iStock

At least 25 provinces, including Xinjiang, Henan, Fujian, Qingdao, Xiamen issued 417.97 billion yuan (US$61.97 billion) in local government bonds in January, The Paper reported.

Among them, newly added bonds totalled 368.76 billion yuan and refinancing bonds which were issued to replace old debts tallied 49.2 billion yuan.

And among the new bonds, general local government bonds recorded 227.6 billion yuan, while local government special bonds were 14.12 million yuan.

General bonds are issued for non-profit public welfare undertaking, while special bonds correspond to specific projects and are repaid with specific income.

The special bonds issued this year are mainly used for major regional development as well as rural revitalization, eco-environmental protection, affordable housing, public hospitals, public universities, transportation, water conservancy and municipal infrastructure.

Asia Times Financial is now live. Linking accurate news, insightful analysis and local knowledge with the ATF China Bond 50 Index, the world's first benchmark cross sector Chinese Bond Indices. Read ATF now. 

Join the Conversation

24 Comments

  1. My coder is trying to convince me to move to .net from PHP.
    I have always disliked the idea because of the expenses.

    But he’s tryiong none the less. I’ve been using WordPress on a
    number of websites for about a year and am nervous about switching to another platform.
    I have heard excellent things about blogengine.net.
    Is there a way I can transfer all my wordpress content into it?
    Any help would be greatly appreciated!

  2. My brother recommended I may like this website.
    He was once entirely right. This put up actually made my day.

    You can not imagine simply how so much time I had spent for this
    information! Thank you!

  3. Hey there would you mind letting me know which web host you’re working with?
    I’ve loaded your blog in 3 different internet browsers and
    I must say this blog loads a lot quicker then most.
    Can you recommend a good hosting provider at a reasonable price?
    Many thanks, I appreciate it!

  4. Magnificent goods from you, man. I have understand your
    stuff previous to and you are just too wonderful. I really like what you’ve acquired
    here, really like what you’re stating and the way in which you say it.
    You make it entertaining and you still take care of to keep it sensible.
    I cant wait to read far more from you. This is actually a great site.

  5. Wow, incredible weblog layout! How long have you been running a blog
    for? you made running a blog glance easy. The overall glance of your site is
    great, let alone the content material!
    natalielise plenty of fish

  6. I just couldn’t go away your site prior to suggesting that
    I really loved the usual information an individual supply
    in your visitors? Is gonna be back frequently to inspect new posts

  7. I do not know whether it’s just me or if everyone else experiencing problems with your website.
    It seems like some of the text within your posts are running off the screen. Can someone else please provide feedback and let me know if this is happening to
    them as well? This could be a issue with my browser because I’ve had this happen previously.
    Cheers

  8. Heya superb blog! Does running a blog similar to this require a great deal of work?
    I’ve absolutely no knowledge of coding however I
    was hoping to start my own blog in the near future.
    Anyways, if you have any suggestions or techniques
    for new blog owners please share. I know this is off topic but I simply wanted to ask.
    Thank you!

  9. Hello! Do you know if they make any plugins to help with
    SEO? I’m trying to get my blog to rank for some targeted
    keywords but I’m not seeing very good results.
    If you know of any please share. Thanks!

  10. Its such as you learn my mind! You appear to grasp so much
    approximately this, such as you wrote the ebook in it
    or something. I believe that you could do with some percent to pressure the message house a bit, but instead of that, that is magnificent blog.
    A great read. I’ll definitely be back.

  11. Hello There. I found your blog using msn. This is an extremely well
    written article. I will make sure to bookmark it and return to read more of your useful information. Thanks for the
    post. I’ll definitely comeback.

  12. Excellent beat ! I wish to apprentice at the same
    time as you amend your site, how could i subscribe for
    a weblog site? The account aided me a acceptable deal.
    I had been a little bit acquainted of this your broadcast offered bright transparent concept

  13. Certainly I like your web-site, however you need to take a look at the spelling on quite a few of your posts. Several of them are rife with spelling issues and I find it very troublesome to tell you. Nevertheless I will surely come back again!

  14. Thanks for the auspicious writeup. It in reality used to be
    a enjoyment account it. Look complex to more introduced agreeable from you!

    By the way, how could we be in contact?

  15. Hello! Someone in my Myspace group shared this site with us so I came to take a look. I’m definitely loving the information. I’m bookmarking and will be tweeting this to my followers! Excellent blog and excellent design and style.

  16. Good way of explaining, and fastidious paragraph to get facts on the topic of my presentation subject, which
    i am going to present in school.

  17. Most kids in The united states grew up with different kinds of coloured chips. This may give always essential information about the playing cards to the other people. It really matters small how a lot your bankroll is at the begin.

Leave a comment

Your email address will not be published. Required fields are marked *