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China's local gov'ts issue bonds worth 3.49 trln yuan by end-June

Xinhua News,BEIJING
2020-07-08 15:57

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BEIJING, July 8 (Xinhua) -- China's local governments have issued around 3.49 trillion yuan (about 496.5 billion U.S. dollars) worth of bonds in the first half of this year, official data showed Wednesday.

In June alone, local governments issued 286.7 billion yuan worth of bonds, with 117.6 billion yuan worth of special bonds, according to the Ministry of Finance.
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