In the first quarter, local government bonds issued 1.824.6 billion yuan

2022-08-22 0 By

Financial Union on April 1, a total of 1,824.6 billion yuan of local bonds were issued in the first quarter of this year, more than twice the amount issued in the same period last year.Of this amount, 1.298.1 trillion yuan of new special bonds were issued, accounting for 89% of this year’s pre-approved quota and 36% of the annual quota.Among them, Guangdong, Shandong and Zhejiang have the highest circulation.From the perspective of investment, according to the statistics of Xia Lei, co-director of Sealand Securities Research Institute, nearly 70% of the new special bonds issued this year are invested in infrastructure, and the park infrastructure and transportation infrastructure are the main direction of development.