China’s new local bonds issued by local governments total RMB 2.210977 trillion as of May 29

China’s new local bonds (including new general and new special bonds) issued by local governments amounted to RMB 2.210977 trillion ($0.31 trillion) in the current year up to May 29, as reported by local financial media.

Meanwhile, China’s overall local government bonds (including general and special bonds) totaled RMB 3.450388 trillion ($0.49 trillion) in the given period.