South China's Guangdong Province auctioned on Tuesday overall 25.9 billion yuan worth of 4-tranche general bonds, namely 3-, 5-, 7- and 10-year bonds. This is the second batch of general bond issued by the province this year, with the yields standing at 2.85 percent, 3.16 percent, 3.49 percent and 3.53 percent, respectively. So far, China has sold overall 263 batches of local government bonds valued at 1.2526 trillion yuan in total after local government bond issuance was introduced this year.
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