固定收益月报：6月地方债发行计划已披露8612亿元，新增专项债占半数-20250603

Report Summary 1. Industry Investment Rating - No industry investment rating is provided in the report [1][2][3] 2. Core View - As of May 30, 2025, the total planned issuance of local government bonds in June is 86.12 billion yuan, with new general bonds, refinancing general bonds, new special bonds, and refinancing special bonds accounting for 9% (7.42 billion yuan), 14% (11.64 billion yuan), 50% (43.4 billion yuan), and 21% (18.39 billion yuan) respectively [2] 3. Summary by Relevant Catalog 3.1 Overall Planned Issuance - The total planned issuance of local government bonds in June is 86.12 billion yuan, with new special bonds accounting for half [1][2] 3.2 Regional Planned Issuance - The top regions in terms of planned local government bond issuance in June are Beijing (12.32 billion yuan), Zhejiang (9.58 billion yuan), Yunnan (6.88 billion yuan), Shandong (6.06 billion yuan), and Anhui (5.61 billion yuan) [2] 3.3 New Special Bond Planned Issuance - The top regions in terms of new special bond planned issuance in June are Zhejiang (8.66 billion yuan), Beijing (6.61 billion yuan), Fujian (4.57 billion yuan), Shandong (3.18 billion yuan), and Hubei (3 billion yuan) [3]