First local government bonds issued

Xinjiang gets new chance to raise money

2 minute readApril 16, 2009 at 12:58 AM

clpstaff

& clp articles

China has issued its first, tradable local government bonds. The Ministry of Finance issued Rmb3 billion three-year bonds on behalf of the Xinjiang Uyghur Autonomous Region, with underwriting occurring between March 30 and April 1.

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