Group 1 - In the first half of the year, local government bond issuance reached approximately 54,902 billion yuan, a 57.2% increase compared to 34,928 billion yuan in the same period of 2024, reflecting a proactive fiscal policy [1] - The issuance of new special bonds accelerated, with a total of about 21,607 billion yuan issued in the first half of the year, up 44.7% from 14,935 billion yuan in the first half of 2024 [1] - The increase in special bond issuance is seen as a significant policy support measure, aimed at stabilizing growth, promoting investment, and improving people's livelihoods [1] Group 2 - The overall issuance of local bonds in the first half of the year reached a historical high, with expectations for a noticeable acceleration in the issuance of new local bonds in the second half [2] - It is anticipated that the issuance of new special bonds will further accelerate in the third quarter, with the scale expected to expand and the pace of issuance to quicken [2] - The Ministry of Finance plans to utilize a more proactive fiscal policy to stabilize employment, enterprises, markets, and expectations, thereby consolidating the fundamentals of economic development and social stability [2][3]
上半年新增专项债发行超2万亿元 预计三季度将进一步提速
Zheng Quan Ri Bao·2025-07-01 16:28