Northwest China's Xinjiang Uygur Autonomous Region announced on Tuesday that it would auction overall 25.1 billion yuan worth of general bonds on June 16.
This batch of general bonds is the second one of its kind planned to be issued by Xinjiang this year, including 5.02 billion yuan of 3-year ones, 7.53 billion yuan of 5-year ones, 7.53 billion yuan of 7-year ones and 5.02 billion yuan of 10-year ones. Previously, Xinjiang Uygur Autonomous Region had completed its first batch of general bond issuance with yields close to T-bond counterparts.
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