Ministry of Finance: The national issuance of new bonds in January amounted to 175.4 billion yuan.

On February 29, the Ministry of Finance released the issuance and debt balance situation of local government bonds in January 2024. In January 2024, the total issuance of new bonds nationwide was 175.4 billion yuan, including general bonds of 118.6 billion yuan and special bonds of 56.8 billion yuan. The total issuance of refinance bonds nationwide was 209.1 billion yuan, including general bonds of 75.2 billion yuan and special bonds of 133.9 billion yuan. In total, the total issuance of local government bonds nationwide was 384.5 billion yuan, including general bonds of 193.8 billion yuan and special bonds of 190.7 billion yuan. As of the end of January 2024, the total debt balance of local governments nationwide was 40.9959 trillion yuan. This includes general debt of 1.60203 trillion yuan, special debt of 2.49756 trillion yuan, government bonds of 4.08297 trillion yuan, and non-government bond form stock government debt of 1.662 trillion yuan.