山西成功发行第九批政府债券23.73亿元

Core Insights - Shanxi Province successfully issued the ninth batch of government bonds amounting to 2.373 billion yuan with an average issuance interest rate of 2.02% [1] - The issuance included bonds with maturities of 5, 10, 15, and 20 years, achieving an average bid-to-cover ratio of 23.51 times [1] - Year-to-date, Shanxi Province has issued a total of 154.9 billion yuan in government bonds, comprising 88.564 billion yuan in new bonds and 66.336 billion yuan in refinancing bonds [1] Government Bond Issuance - The issuance marks the first time Shanxi Province has issued government bonds through the Beijing Stock Exchange, reflecting a focus on reforming and enhancing the market-oriented level of bond issuance [1] - This initiative is part of a broader strategy to diversify investment subjects for local bonds and improve liquidity in both primary and secondary bond markets [1] - The provincial finance department has engaged in various forms of research and discussions to adopt suggestions for expanding issuance channels, leading to this innovative measure [1]