专项债收地已发行超1500亿元，广东省发行金额居首

Core Insights - The use of special bonds for acquiring idle land has seen significant progress, with over 4,300 parcels and an area exceeding 220 million square meters being targeted for acquisition as of August 18 [1][2] - The total amount proposed for land acquisition using special bonds has surpassed 550 billion yuan, with Guangdong province leading at nearly 790 billion yuan [2] - The issuance of special bonds for this purpose is primarily concentrated in "self-examination and self-initiated" pilot regions, indicating a need for acceleration in other provinces [3][4] Group 1: Special Bonds Issuance - As of August 18, the total amount of special bonds issued or to be issued for acquiring idle land has exceeded 150 billion yuan, accounting for 27% of the total proposed acquisition amount [3] - Guangdong province has issued 37.7 billion yuan, ranking first, followed by Hunan province with a total of 30.7 billion yuan from five issuances [3] - The issuance pace remains slow in non-"self-examination and self-initiated" regions, which have yet to issue relevant special bonds [3] Group 2: Market Impact and Future Projections - Approximately 5.2% of the total newly issued special bonds, amounting to about 2.88 trillion yuan, have been allocated for acquiring idle land [4] - The total quota for new local government special bonds this year is set at 4.4 trillion yuan, with projections suggesting that around 800 billion yuan may be allocated for idle land acquisition in the future [4] - The recent government meetings have emphasized the need for a comprehensive assessment of available land and ongoing projects, which could lead to policy optimizations and improved market conditions [4]