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Anhui province completes 33 billion yuan debt-swap scheme

Anhui, a province in eastern China, announced it has issued 33.12 billion yuan (US$4.85 billion) in government replacement bonds, marking the completion of the local government’s debt-swap scheme, Xinhua news agency reported. A total of 44.18 billion yuan in government bonds were issued, including 33.12 billion yuan in replacement bonds. Among the latter, 26.26 billion […]