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Economy

Central China's Hubei issues 34.6 billion yuan municipal bonds

March 01, 2019


Abstract : The Hubei Provincial Department of Finance issued 34.6 billion yuan of local government bonds by public tender through Ministry of Finance (MOF)-Shanghai Stock Exchange (SSE) Government Bonds Issuance System yesterday.

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BEIJING, March 1 (Xinhua) -- The Financial Department of Central China's Hubei Province, Thursday issued 34.6 billion yuan of municipal bonds by public tender through the Ministry of Finance (MOF)-Shanghai Stock Exchange (SSE) Government Bonds Issuance System, a system dedicated to issuing of municipal bonds.

According to the information released by SSE, the bonds, with the maturities of 5 years, 7 years, 10 years and 15 years, and the issuing scales of 16.02 billion yuan, 2.85 billion yuan, 13.53 billion yuan and 2.2 billion yuan respectively, are special fixed-rate ones.

The underwriting group of the bonds consists of 14 underwriters including CITIC Securities and Haitong Securities. (Edited by Wang Tengfei and Tong Wei, tongwei@xinhua.org)

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Keyword: Hubei local-government-bond

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