山西成功发行第五批政府债券125.94亿元暨今年全国首发47.66亿元续发行

Core Viewpoint - The successful issuance of government bonds by the Shanxi Provincial Finance Department reflects a proactive fiscal policy aimed at funding public projects and managing debt effectively [1] Group 1: Bond Issuance Details - The Shanxi Provincial Finance Department issued a total of 12.594 billion yuan in government bonds, with maturities of 7, 10, 15, 20, and 30 years [1] - The average bid-to-cover ratio was 22.58 times, and the average interest rate was 1.86% [1] - This issuance included 6.411 billion yuan in new bonds and 6.183 billion yuan in refinancing bonds, primarily for 172 public welfare projects, supplementing government fund resources, and repaying existing debts [1] Group 2: Cumulative Issuance and Future Plans - From January to July, Shanxi has cumulatively issued government bonds totaling 108.171 billion yuan [1] - The Finance Department has implemented a more proactive fiscal policy and deepened local bond issuance reforms [1] - Future plans include strengthening collaboration with financial institutions to enhance the trading volume of Shanxi bonds and improve the bond issuance and trading cycle [1]