Chinese Local Administrations Issued Over One-Half Less Bonds in April
Xia Ruirui
DATE: May 17 2019
/SOURCE: yicai
(Yicai Global) May 17 -- Chinese regional governments issued CNY301.8 billion (USD43.6 billion) worth of bonds in April, 52 percent less than in March, according to data from the finance ministry.
About three-fourths of the sum consisted of general obligation bonds, and the rest involved special bonds.
