South China's Guangdong Province and east China's Jiangxi Province auctioned overall 13.16 billion yuan worth of general bonds on Monday.
Guangdong issued overall 5.5 billion yuan of 3-tranche bond, namely 5-, 7- and 10 year general bonds, with the yields standing at 3.12 percent, 3.45 percent and 3.46 percent, while Jiangxi province auctioned overall 7.664 billion yuan of 4-tranche bond, namely 3, 5-, 7- and 10 year general bonds, with the yields standing at 3.25 percent, 3.59 percent, 3.97 percent and 3.98 percent, respectively.
So far, China has sold overall 217 batches of local government bonds valued at 1.1 trillion yuan in total after local government bond issuance was introduced this year.
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