Chinanews.com, May 25. The Ministry of Finance website today announced the issuance of local government bonds and debt balances in April 2021.

Statistics show that in April 2021, 775.8 billion yuan of local government bonds will be issued nationwide.

As of the end of April 2021, the balance of local government debt across the country was 2,664.7 billion yuan.

1. The issuance of local government bonds nationwide

　　(1) Issuance in the current month.

　　In April 2021, 775.8 billion yuan of local government bonds will be issued nationwide.

Among them, the issuance of general bonds was 431.9 billion yuan and special bonds were 343.9 billion yuan; by purpose, new bonds were issued 339.9 billion yuan, and refinancing bonds were issued 435.9 billion yuan.

　　In April 2021, 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.

　　In April 2021, the average interest rate of local government bonds is 3.48%, of which 3.40% for general bonds and 3.59% for special bonds.

　　(2) Issuance from January to April.

　　From January to April 2021, 1.670.9 billion yuan of local government bonds will be 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 2021, the average issuance period of local government bonds is 9.1 years, including 7.8 years for general bonds and 10.9 years for special bonds.

　　From January to April 2021, the average interest rate of local government bonds is 3.44%, of which 3.39% for general bonds and 3.51% for special bonds.

　　(3) The repayment of principal and interest from January to April.

　　From January to April 2021, local government bonds are due to repay the principal of 727.7 billion yuan.

Among them, the principal repayment due in April was 376.3 billion yuan.

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 2021, local government bonds will pay 241.9 billion yuan in interest.

Among them, the interest paid on local government bonds in April was 72.9 billion yuan.

2. The balance of local government debts nationwide

　　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 2021, the average remaining life of local government bonds is 6.9 years, including 6.3 years for general bonds and 7.5 years for special bonds; the average interest rate is 3.52%, including 3.52% for general bonds and 3.52% for special bonds.