财政部：1-6月全国发行新增地方政府债券26127亿元

Group 1 - In June 2025, the total issuance of new local government bonds reached 628.1 billion yuan, comprising 101 billion yuan of general bonds and 527.1 billion yuan of special bonds [3] - The refinancing bonds issued in June amounted to 547.2 billion yuan, with 267.4 billion yuan as general bonds and 279.8 billion yuan as special bonds [3] - The average issuance term for local government bonds in June was 13.9 years, with general bonds averaging 9.2 years and special bonds averaging 16.0 years [3][6] Group 2 - From January to June 2025, the total issuance of new local government bonds was 2,612.7 billion yuan, including 452 billion yuan of general bonds and 2,160.7 billion yuan of special bonds [5] - The total refinancing bonds issued during this period reached 2,877.5 billion yuan, with 727.3 billion yuan as general bonds and 2,150.2 billion yuan as special bonds [5] - The average issuance term for local government bonds from January to June was 15.9 years, with general bonds averaging 8.8 years and special bonds averaging 17.8 years [6] Group 3 - The average issuance interest rate for local government bonds in June was 1.80%, with general bonds at 1.71% and special bonds at 1.84% [4] - For the first half of 2025, the average issuance interest rate was 1.92%, with general bonds at 1.75% and special bonds at 1.96% [7] Group 4 - In the first half of 2025, local government bonds had a principal repayment of 1,076.9 billion yuan, with refinancing bonds accounting for 929.7 billion yuan of this amount [8] - The interest payments for local government bonds in the first half of 2025 totaled 713.1 billion yuan, with 142.2 billion yuan paid in June alone [9] Group 5 - As of the end of June 2025, the total local government debt balance was 5,195.03 billion yuan, with general debt at 1,717.04 billion yuan and special debt at 3,477.99 billion yuan [10] - The average remaining term for local government bonds was 10.2 years, with general bonds at 6.0 years and special bonds at 12.2 years [10] - The average interest rate for local government debt was 2.93%, with general bonds at 3.00% and special bonds at 2.89% [10]