Chinanews.com, Nanchang, August 9th (Yuan Rujing) The Jiangxi Provincial Department of Finance announced on the 9th that Jiangxi Province has successfully issued the fifth batch of government bonds in 2020 at the Shanghai Stock Exchange of 65.203 billion yuan, which means that the province has become It is the first province in the country to complete the issuance of new debt quotas that have been issued this year.

  So far, Jiangxi has successfully issued 209.342 billion yuan of bonds in 2020, including new bonds of 187.888 billion yuan and refinancing bonds of 22.254 billion yuan. In order to stabilize the "basic market" of economic development in Jiangxi Province, implement the "six stability" and "six guarantees" tasks Provide "real money" support.

  According to the relevant person in charge of the Jiangxi Provincial Department of Finance, in accordance with the principle of "funds follow the project", the province has established a cross-level and cross-departmental project arrangement communication and coordination mechanism, and commissioned a third-party consulting agency to conduct the "two evaluations and one case" of the project. Review and check to ensure project specifications, scientific calculations, complete information disclosure, and properly complete the connection of all links of issuance.

  It is understood that among the bonds issued this time, 12.988 billion yuan was added for general bonds, 48.4 billion yuan for special bonds, and 3.815 billion yuan for refinancing general bonds. This is the province's largest variety of maturity bonds since it independently issued local government bonds in 2014. The largest one in the whole and issuance.

  This time, the Jiangxi Provincial Department of Finance pushed a total of 869 bond projects, covering 869 projects in the fields of transportation, agriculture, forestry and water conservancy, ecological and environmental protection, social undertakings, urban old community reconstruction, and shantytown reconstruction. In particular, it will play an important role in epidemic prevention and control, flood prevention, flood relief, and economic and social development.

  It is worth mentioning that the bonds of each maturity were traded at the lower limit of the bid rate. The total bid amount was 20,331.12 billion yuan, and the subscription multiple was 31.15 times, demonstrating investors' confidence in Jiangxi's economic and social development.

  The Jiangxi Provincial Finance Department stated that in the next step, it will speed up the allocation and use of bond funds, regularly report the progress of bond use, and urge cities and counties to "use early and achieve early results", effectively stimulating economic growth and boosting the high-quality development of Jiangxi's economy by leaps and bounds. (Finish)