China has sold overall 1.68 trillion yuan worth of local government bonds so far this year after local government bond issuance was introduced in May, according to data from Wind Info.
Xiamen, a coastal city in southeast China's Fujian Province, announced on Monday that it would offer 3.16 billion yuan worth of general bonds and 1.397 billion yuan worth of special-use bonds on August 21.
Northwest China's Qinghai Province also announced on Monday that it would auction 9.33 billion yuan worth of general bonds and 3.3 billion yuan worth of special-use bonds on August 24.
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