BEIJING, June 8 (Xinhua) -- Chinese local governments in Heilongjiang, Anhui, Sichuan, Inner Mongolia, Xinjiang, and Guangxi successively issued new local government bonds recently, the Xinhua-run Shanghai Securities News reported.
As of June 6, Chinese local governments issued new debt of more than 100 billion yuan this year, according to data from Wind Info.
Expert predicted that in the second quarter of this year, the new bond offerings by local governments will reach 600 billion yuan, and the overall supply of local government bonds will be 1.8-1.9 trillion yuan.
(Edited by Yang Yifan, yangyifan@xinhua.org)
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