Ministry of Finance: A total of 703.2 billion yuan in new bonds was issued nationwide in July, including 86.3 billion yuan in general bonds and 616.9 billion yuan in special bonds.

According to the Securities Times app, on August 28, the Ministry of Finance released the issuance and debt balance of local government bonds in July 2025. In July 2025, a total of 703.2 billion yuan of new bonds were issued nationwide, including 86.3 billion yuan of general bonds and 616.9 billion yuan of special bonds. The total amount of refinancing bonds issued nationwide was 510.3 billion yuan, including 258.6 billion yuan of general bonds and 251.7 billion yuan of special bonds. In total, local government bonds worth 1.2135 trillion yuan were issued nationwide in July 2025, including 344.9 billion yuan of general bonds and 868.6 billion yuan of special bonds. In July 2025, the average issuance maturity of local government bonds was 14.6 years, with general bonds at 8.7 years and special bonds at 16.9 years. In July 2025, the average issuance interest rate for local government bonds was 1.85%, with general bonds at 1.72% and special bonds at 1.90%.