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【立方债市通】河南省属国企重组再落一子/河南一AA+公司拟首次发债/交易商协会明确加强对科创债、民企债支持力度
Sou Hu Cai Jing· 2025-09-29 13:13
Group 1 - China Henan International Group announced the absorption and merger of Henan Resources Group, with the former retaining its legal status and continuing operations, while the latter will be dissolved [1] - Upon completion of the merger, China Henan International Group will be managed as a key state-owned enterprise and will become the only foreign economic enterprise under the provincial government [1] Group 2 - The China Interbank Market Dealers Association has optimized the evaluation standards for lead underwriters to enhance support for technology innovation bonds and private enterprise bonds, aligning with national policies for high-quality development [2] - In the first eight months of 2025, a total of 38,874 billion yuan of new local government bonds were issued, including 6,208 billion yuan of general bonds and 32,666 billion yuan of special bonds [5] - Shanghai has introduced measures to promote the high-quality development of offshore bonds, clarifying the issuing and investing entities and the use of raised funds [7] Group 3 - Sichuan Province aims to support qualified industrial chain enterprises by including them in the scope of green finance and carbon neutrality bonds [9] - Shaanxi Province has postponed the issuance of two special bonds originally scheduled for September 30 due to operational needs [10] - Henan Railway Construction Investment Group successfully issued 30 billion yuan of corporate bonds with an interest rate of 2.18% [11] Group 4 - Zhengzhou Airport Hub Construction Company has received approval for its first bond issuance of 16 billion yuan, with a credit rating of AA+ [13] - Xinxiang State-owned Capital Operation Group has been approved to issue 20 billion yuan of corporate bonds, also rated AAA [15] - The market is seeing various bond issuances, including a 10 billion yuan short-term corporate bond by Shangqiu Railway Investment Company and a 100 billion yuan corporate bond by China International Capital Corporation [16][17] Group 5 - Hubei Energy plans to invest 26.7 billion yuan in clean energy and integrated energy projects in Xiangyang during the 14th Five-Year Plan period [22] - The chairman of Gansu Urban-Rural Development Investment Group is under investigation for serious violations of discipline and law [23] - Qingzhou City Investment has been reported for defaulting on debts totaling approximately 19.67 million yuan [24] Group 6 - The bond market is expected to experience a stable phase in the fourth quarter, with no significant new policies anticipated [26] - The market is likely to enter a platform period, with some bonds potentially seeing a phase of recovery [26]