Chinese local governments have floated overall 2.4173 trillion yuan of bonds so far this year.
On Monday, Yunnan province issued overall 39.8 billion yuan worth of local government bonds. According to the province, the batch of local government bonds is the first one of its kind issued by the province this year, including 3-, 5-, 7- and 10-year general bonds and 3-, 5-, 7- and 10-year special-use bonds.
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