In March, China issued 3.6017 billion yuan of new local government bonds

Beijing, April 4 (ZXS) -- According to data on local government bond issuance and debt balance released by China's Ministry of Finance on the 26th, in March 26, 2023.3 billion yuan of new bonds (RMB, the same below) were issued nationwide, including 6017.718 billion yuan of general bonds and 5299.2883 billion yuan of special bonds. The country issued 8900.<> billion yuan of refinancing bonds, a total of <> billion yuan of local government bonds issued nationwide.

In March, the average issuance period of local government bonds was 3.13 years, including 6.7 years for general bonds and 2.16 years for special bonds; the average issuance interest rate of local government bonds was 3.3%, of which 05.2% for general bonds and 9.3% for special bonds.

From January to March, the country issued 1,3.16694 billion yuan of new bonds, including 3126.13568 billion yuan of general bonds and 4403,21097.<> billion yuan of special bonds. The country issued <>.<> billion yuan of refinancing bonds, a total of <>,<>.<> billion yuan of local government bonds issued nationwide.

From January to March, the average issuance period of local government bonds was 1.3 years, including 15.1 years for general bonds and 8.4 years for special bonds; the average issuance interest rate of local government bonds was 17.7%, of which 3.09% for general bonds and 2.95% for special bonds.

From January to March, local government bonds repaid 1.3 billion yuan of principal and paid 3624.2431 billion yuan of interest.

After deliberation and approval by the first session of the 2023th National People's Congress, the national local government debt limit in 421674 will be 3.165489 billion yuan, of which the general debt limit is 22.256185 billion yuan and the special debt limit is 08.<> billion yuan.

The Ministry of Finance announced that as of the end of March 2023, the balance of local government debt nationwide was 3 billion yuan, controlled within the limit approved by the National People's Congress. Among them, general debts 368091 billion yuan and special debts 147611,220480 billion yuan; Government bonds 366468 billion yuan, and the stock of government debt in the form of non-government bonds was 1623.<> billion yuan.

As of the end of March 2023, the remaining average maturity of local government bonds was 3.8 years, including 7.6 years for general bonds and 2.10 years for special bonds, and the average interest rate was 3.3%, of which 37.3% for general bonds and 37.3% for special bonds. (End)