年内新增专项债券发行突破4万亿元 进度已超九成
Zheng Quan Ri Bao·2025-11-07 16:27

Group 1 - The issuance of new special bonds in China has reached approximately 40,097.92 billion yuan as of November 7, exceeding the 40 trillion yuan mark, with an overall progress of over 91% against the planned 44 trillion yuan for the year [1] - The issuance of new special bonds has shown a quarterly increase, with total issuance in the first three quarters amounting to 36,772.24 billion yuan, indicating a reasonable pace and rhythm in the overall issuance [1] - The remaining issuance will ensure the completion of the annual target, providing strong financial support for stabilizing growth and investment, while matching the project construction cycle to improve fund utilization efficiency [1] Group 2 - The use of special bond funds has shifted significantly this year, with increased support for real estate and government investment funds, enhancing the flexibility and adaptability of bond investments [2] - Four major highlights of this year's special bond issuance include stable issuance rhythm and balanced scale, more pronounced counter-cyclical adjustment effects, strong government investment driving force, and increased funding directed towards land reserves and government investment funds [2]