河南今年已发行1189.24亿元政府债，用于置换存量隐性债务

Core Viewpoint - The Henan Provincial Government successfully issued government bonds totaling 7.45068 billion yuan at a uniform interest rate of 2.35%, aimed at enhancing fiscal sustainability and optimizing debt structure [1][2]. Group 1: Bond Issuance Details - The bond issuance included 3.14271 billion yuan in 30-year new special bonds to supplement government fund resources [1] - 1.49267 billion yuan in 20-year new special bonds was allocated for existing government investment projects [1] - 2.8153 billion yuan in 30-year refinancing special bonds was issued to replace existing hidden debts [1] Group 2: Year-to-Date Bond Issuance - Year-to-date, Henan Province has issued a total of 35.987 billion yuan in government bonds to enhance government fund resources, significantly improving budget coordination and fiscal sustainability [1] - A total of 118.924 billion yuan in government bonds has been issued to replace existing hidden debts, positively impacting debt structure optimization, financing cost reduction, and easing short-term repayment pressure [1] Group 3: Future Plans and Regulations - The new special bonds for supplementing government fund resources will strictly adhere to budget arrangements to ensure funds are used for approved purposes [2] - The refinancing special bonds for replacing hidden debts will be guided to ensure compliance with the principle of "who uses, who repays," aiming to lower debt risks [2] - A strict discipline against the creation of new hidden debts will be enforced, promoting a unified long-term regulatory system for local government debts [2]