China’s issuance of new local government bonds totals RMB 4.674 trillion in Jan-Nov

In the January-November period this year, China’s issuance of new local government bonds amounted to RMB 4.674 trillion ($0.65 trillion). In particular, China’s issuance of new local government special bonds in the January-November period totaled RMB 3.9977 trillion ($0.56 trillion).

In November alone, China’s issuance of new local government bonds amounted to RMB 105.1 billion ($14.6 billion), including new local government special bonds of RMB 85.6 billion ($11.9 billion).