Henan Province plans to issue 40.095 billion yuan in local government bonds.

On October 19, the Henan Provincial Department of Finance issued a notice deciding to issue 2026 Henan provincial government general bonds and special bonds, totaling 40.095 billion yuan. This batch of bonds consists of book-entry fixed-rate interest-bearing bonds, of which 7-year new general bonds are planned to be issued at 2.485 billion yuan, and 5-year, 7-year, 10-year, 15-year, 20-year, and 30-year new special bonds are planned to be issued at 702 million yuan, 4.179 billion yuan, 921 million yuan, 846 million yuan, 12.849 billion yuan, and 6.253 billion yuan, respectively; 7-year refinancing general bonds are planned to be issued at 1.557 billion yuan; 10-year and 30-year refinancing special bonds are planned to be issued at 760 million yuan and 9.543 billion yuan, respectively. Interest on 5-year and 7-year bonds is paid annually, while interest on 10-year, 15-year, 20-year, and 30-year bonds is paid semi-annually. Bidding will be held on October 26, 2026, and interest will begin accruing on October 27.