河南省成功发行政府债券478.3414亿元

Core Viewpoint - The Henan Provincial Government successfully issued government bonds totaling 478.3414 billion yuan on October 20, 2023, aimed at refinancing and funding key infrastructure projects [1] Summary by Categories Government Bond Issuance - The bond issuance includes 294.1451 billion yuan in refinancing general bonds and 46.9677 billion yuan in refinancing special bonds, both intended for repaying part of the principal of maturing bonds [1] - An additional 137.2286 billion yuan in special bonds was issued, allocated to various projects including 58.1766 billion yuan for existing government investment projects, 61.798 billion yuan for urban and rural development, 5.164 billion yuan for social undertakings, and 12.09 billion yuan for shantytown renovation [1] Project Focus - The 74 planned projects primarily target key areas such as municipal and industrial park infrastructure, transportation infrastructure, affordable housing projects, and new-type infrastructure [1] Bond Terms and Rates - The issuance includes various maturities with the following interest rates: 5-year at 1.74% for 5.75 billion yuan, 7-year at 1.91% for 51.2377 billion yuan, 10-year at 2.05% for 296.2151 billion yuan, 15-year at 2.31% for 6.01 billion yuan, and 30-year at 2.39% for 119.1286 billion yuan [1] Future Management - The Henan Provincial Finance Department plans to enhance the management of bond funds for project construction, ensuring timely allocation to project units and promoting the rapid realization of physical work volume to support stable economic development in Henan Province [1]