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China's Local Government Bond Issuance Surpasses 4 Trillion Yuan Year-to-Date, Up 8% YoY

2026-05-13 23:15:25

According to Wind data, as of May 13, China's local government bond issuance reached 4.0357 trillion yuan year-to-date, surpassing the 4 trillion yuan mark. This represents 8% growth compared to 3.752 trillion yuan in the same period of 2025, according to Securities Daily. The government work report had targeted 4.4 trillion yuan in local government special bonds for 2026, focusing on major infrastructure projects, implicit debt swaps, and clearing government arrears.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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