According to the Guangdong Provincial Department of Finance on the 9th, the Guangdong Provincial Government successfully completed the overseas issuance roadshow of local government bonds in Hong Kong on the 9th. This is the first time that the Guangdong Provincial Government has conducted a roadshow for overseas issuance of local government bonds in Hong Kong, attracting multiple investment institutions from countries and regions such as China, the United States, Germany, the United Kingdom, Switzerland, and South Korea. It is reported that this is the first time that the Guangdong Provincial Government has issued local government bonds in Hong Kong, with an expected issuance scale of no more than 5 billion yuan. The issuance period includes 2 years, 3 years, and 5 years. The 2-year bond is used for projects in Nansha District, Guangzhou, the 3-year bond is used for major infrastructure projects in the Pearl River Delta region, and the 5-year bond is a green bond for green projects. It is reported that the bonds issued this time have been included in the qualified collateral list for RMB liquidity arrangements by the Hong Kong Monetary Authority, and the interest income of the bonds will be exempt from Hong Kong profits tax and stamp duty. These will help improve the liquidity level of this bond and attract more investors to participate in subscription. (New Society)