In 2021, China issued 7489.8 billion yuan of local bonds, with an average interest rate of 3.36%
According to the data issued by the Ministry of finance, from January to December 2021, the country issued 4370.9 billion yuan of new bonds and 3118.9 billion yuan of refinancing bonds. In total, 7489.8 billion yuan of local government bonds were issued nationwide, including 2566.9 billion yuan of general bonds and 4922.9 billion yuan of special bonds. The average issuing interest rate of local government bonds is 3.36%, including 3.26% for general bonds and 3.41% for special bonds.
This text is a result of machine translation.
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