近日，云南省财政厅发布《云南省政府债券招标发行兑付办法》（以下简称《办法》），通过明确发行 与上市、还本付息等内容，进一步规范云南省政府债券招标发行兑付管理。《办法》自2026年1月30日 起施行。 《办法》明确，承销团成员违反有关规定，未按时足额缴纳云南省政府债券发行款的，按逾期支付额和 逾期天数，以当期债券票面利率（利率招标）或参考价格折成的收益率（价格招标）的两倍折成日息向 云南省财政厅支付违约金；云南省财政厅违反有关规定，未按时足额向承销团成员支付发行费的，按逾 期支付额和逾期天数，以当期债券票面利率（利率招标）或参考价格折成的收益率（价格招标）的两倍 折成日息向承销团成员支付违约金。 《办法》指出，招标日是指云南省政府债券发行文件规定的云南省财政厅组织发行招投标的日期；缴款 日是指云南省政府债券发行文件规定的承销团成员将认购云南省政府债券资金缴入国家金库云南省分库 的日期；上市日是指云南省政府债券按有关规定开始在交易场所上市流通的日期；还本付息日是指云南 省政府债券发行文件规定的投资者应当收到本金或利息的日期。 《办法》适用于以云南省人民政府作为发行和偿还主体，以公开招标方式发行的政府债券，不包括采 ...

Core Insights - Henan Province successfully issued government bonds totaling 37.79686 billion yuan in Shenzhen, including refinancing general bonds and special bonds aimed at repaying maturing debts and funding infrastructure projects [1][2] Group 1: Bond Issuance Details - The bond issuance includes 16.219 billion yuan in refinancing general bonds and 3.58131 billion yuan in refinancing special bonds, both used for repaying part of the principal of maturing bonds [1] - New general bonds amount to 5.88336 billion yuan, primarily allocated for infrastructure project construction in Henan Province [1] - New special bonds total 11.08618 billion yuan, with specific allocations for various sectors including urban development, social projects, and housing improvements [1] Group 2: Project Focus and Allocation - The 36 planned projects funded by the new special bonds focus on key areas such as municipal and industrial park infrastructure, new infrastructure, affordable housing, and cold chain logistics [1] - The allocation of new special bonds includes 1.96879 billion yuan for existing government investment projects and 5.50784 billion yuan to supplement government fund finances [1] Group 3: Bond Terms and Interest Rates - The bond issuance features various terms and interest rates, including 1.67 billion yuan for 5 years at 1.81%, 198.0031 billion yuan for 7 years at 1.90%, and 104.7363 billion yuan for 30 years at 2.37% [1] Group 4: Future Management and Oversight - The Henan Provincial Finance Department plans to enhance management of bond funds to ensure timely allocation to project units, facilitating effective investment and economic stability [2] - Strict budget execution will be enforced for the new special bonds aimed at supplementing government fund finances, ensuring compliance with approved uses [2] - Continued guidance will be provided for refinancing special bonds to replace high-cost, short-term hidden debts, with a focus on risk reduction and stringent fund supervision [2]