Province of Henan Plans to Issue 9.437 Billion Yuan in Local Government Bonds for 146 Projects and Other Uses

Deep News07-16 20:01

The Henan Provincial Department of Finance has announced its decision to issue the 2026 Henan Provincial Government Special Bonds (Series Forty-Four to Forty-Nine).

The total planned issuance amount is 9.437 billion yuan, consisting of book-entry fixed-rate coupon-bearing bonds.

The tender for these bonds is scheduled for July 23, with interest accrual beginning on July 24.

Regarding the use of the raised funds, the 2026 Henan Provincial Government Special Bonds (Series Forty-Four to Forty-Eight) are intended for financing 146 specific projects.

The 2026 Henan Provincial Government Refinancing Special Bond (Series Seventeen), which is also designated as the 2026 Henan Provincial Government Special Bond (Series Forty-Nine), will be used to refinance or replace existing implicit debt.

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