Southwest China's Yunnan Province announced on Monday that it would auction overall 4.7 billion yuan worth of general bonds on July 27. This batch of general bonds is the first one of its kind planned to be issued by the province this year, including 1.3 billion yuan of 3-year ones, 1.3 billion yuan of 5-year ones, 1.3 billion yuan of 7-year ones and 800 million yuan of 10-year ones. Shanghai Brilliance Credit Rating & Investors Service Co. granted AAA-credit ratings to this batch of general bonds.
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