Central China's Hunan Province announced on Thursday that it would auction overall 42.2 billion yuan worth of general bonds on July 16.
This batch of general bonds is the first one of its kind planned to be issued by the province this year, including 4.4 billion yuan of 3-year ones, 12.6 billion yuan of 5-year ones, 12.6 billion yuan of 7-year ones and 12.6 billion yuan of 10-year ones. China Lianhe Credit Rating granted AAA-credit ratings to this batch of general bonds.
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