Guangdong's new bond issuance this year ranks first in the country

2022-05-20

The author learned from the Guangdong Provincial Department of finance that recently, our province took the lead in issuing the second batch of new bonds of 139.88 billion yuan in 2022 issued by the Ministry of finance, including 126.68 billion yuan of special bonds and 13.2 billion yuan of general bonds, providing important financial guarantee for supporting the construction of major projects in key areas and stimulating effective investment. Up to now, the issuance progress of new bonds in Guangdong in 2022 has exceeded 80%, ranking first in China, and the issuance volume ranks first in China. Guangdong issued new bonds this time, and various financial institutions subscribed enthusiastically, with a total bidding amount of nearly 3 trillion yuan. In addition, all the new bond funds will be implemented in the key areas deployed by the state and the province, and more than 70% will be implemented in the areas that obviously drive investment, such as transportation infrastructure construction and industrial park infrastructure construction. At the same time, Guangdong continued to make full use of the policy of using special bonds as project capital, arranged 16.41 billion yuan of special bond funds as capital for 39 major projects, actively supported major infrastructure projects such as Baiyun Airport Phase III, Shenzhen Zhongshan river crossing, Pearl River Delta water resources allocation project, leveraged more social capital to participate in infrastructure investment, effectively stimulated investment, and laid the foundation for economic growth throughout the year. "In the next step, we will continue to thoroughly implement the deployment requirements of the central economic work conference on improving the efficiency of the active fiscal policy, make deep and detailed project reserves, coordinate the organization and speed up the issuance and use, so as to provide strong support for the sustained and healthy development of economy and society." The relevant person in charge of the Provincial Department of Finance said. (Xinhua News Agency)

Edit:Huang Huiqun    Responsible editor:Huang Tianxin

Source:southcn.com

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