Core Viewpoint - Zhejiang Province has issued various special local bonds with different maturities and interest rates, indicating strong demand and investor confidence in the region's financial instruments [1] Summary by Category Bond Issuance Details - Zhejiang issued 10-year special local bonds with a scale of 30.98 billion, an interest rate of 1.70%, and a bid-to-cover ratio of 5.82, exceeding the expected ratio of 1.71 [1] - The province also issued 15-year special local bonds amounting to 22.25 billion at an interest rate of 1.86%, with a bid-to-cover ratio of 3.66, compared to an expected ratio of 1.89 [1] - For 20-year special local bonds, Zhejiang raised 148.77 billion at an interest rate of 2.01%, achieving a bid-to-cover ratio of 4.34, higher than the expected 2.04 [1] - Additionally, 30-year special local bonds were issued with a scale of 25.64 billion at an interest rate of 1.95%, resulting in a bid-to-cover ratio of 3.21, against an expected ratio of 1.99 [1]

Group 1 - Gansu issued 20-year special local bonds with a total scale of 14.665 billion, at an issuance rate of 2.1300%, with a marginal multiple of 2.07, compared to an expected multiple of 2.03 [1] - Gansu issued another set of 20-year special local bonds with a total scale of 37.2347 billion, also at an issuance rate of 2.1300%, with a marginal multiple of 1.67, against an expected multiple of 2.06 [1] - Gansu issued 7-year special bonds for housing renovation with a total scale of 22.4728 billion, at an issuance rate of 1.7700%, with a marginal multiple of 1.10, compared to an expected multiple of 1.87 [1]