Ministry of Finance: National issuance of new bonds totaled 947.4 billion yuan in August.
On September 30th, the Ministry of Finance released the situation of local government bond issuance and debt balance in August 2024.
On September 30th, the Ministry of Finance released the issuance and debt balance of local government bonds in August 2024. The data shows that in August 2024, a total of 947.4 billion yuan of new bonds were issued nationwide, including 142.3 billion yuan of general bonds and 805.1 billion yuan of special bonds. Refinancing bonds totaled 261.7 billion yuan, with 111 billion yuan in general bonds and 150.7 billion yuan in special bonds. In total, local government bonds issued nationwide amounted to 1.2091 trillion yuan, with 253.3 billion yuan in general bonds and 955.8 billion yuan in special bonds.
As of the end of August 2024, the total debt balance of local governments nationwide was 43.6297 trillion yuan. Of this, general debt was 16.3635 trillion yuan, special debt was 27.2662 trillion yuan; government bonds amounted to 4.34635 trillion yuan, while non-government bond forms of government debt amounted to 166.2 billion yuan.
This article is sourced from the Ministry of Finance, edited by Jiang Yuanhua.
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