From January to April, China issued 1.6709 billion yuan of local government bonds

　　China News Agency, Beijing, May 25 (Reporter Zhao Jianhua) The Ministry of Finance of China announced on the 25th that in April 2021, local government bonds will be issued nationwide at 775.8 billion yuan (RMB, the same below).

Among them, 431.9 billion yuan was issued for general bonds and 343.9 billion yuan for special bonds.

　　In April, the average issuance period of local government bonds was 10.6 years, including 8.4 years for general bonds and 13.3 years for special bonds.

The average issuance rate of local government bonds is 3.48%, of which general bonds are 3.40% and special bonds are 3.59%.

　　From January to April, 1,670.9 billion yuan of local government bonds were issued nationwide.

Among them, 953 billion yuan of general bonds were issued, and 717.9 billion yuan of special bonds were issued; according to the purpose, new bonds were issued 376.3 billion yuan, and refinancing bonds were issued 1.2946 billion yuan.

　　From January to April, the average issuance period of local government bonds was 9.1 years, including 7.8 years for general bonds and 10.9 years for special bonds.

The average issuance rate of local government bonds is 3.44%, of which 3.39% for general bonds and 3.51% for special bonds.

　　From January to April, the principal repayment of local government bonds was 727.7 billion yuan at maturity.

Issued refinancing bonds to repay the principal of 645.8 billion yuan, and arranged fiscal funds to repay the principal of 81.9 billion yuan.

From January to April, local government bonds paid 241.9 billion yuan in interest.

　　After deliberation and approval at the Fourth Session of the Thirteenth National People's Congress, the national local government debt limit in 2021 is 33277.43 billion yuan, of which the general debt limit is 15.10892 billion yuan and the special debt limit is 18,168,508 million yuan.

As of the end of April 2021, the balance of local government debt across the country was 2,664.7 billion yuan, within the limit approved by the National People's Congress.

Among them, general debt is 13,3387 trillion yuan, special debt is 13,366.6 billion yuan; government bonds are 26,429.6 billion yuan, and non-government debt stocks are 175.1 billion yuan.

　　As of the end of April, the average remaining life of local government bonds was 6.9 years, including 6.3 years for general bonds and 7.5 years for special bonds; the average interest rate was 3.52%, including 3.52% for general bonds and 3.52% for special bonds.

(Finish)