Local government bonds issuance
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北京发行2年期普通专项地方债，规模28.5000亿元，发行利率1.4700%，边际倍数3.56倍，倍数预期1.48；北京发行3年期普通专项地方债，规模183.0128亿元，发行利率1.4800%，边际倍数1.69倍，倍数预期1.49；北京发行5年期普通专项地方债，规模109.8913亿元，发行利率1.5900%，边际倍数2.33倍，倍数预期1.61；北京发行7年期普通专项地方债，规模5.9800亿元，发行利率1.6400%，边际倍数1.32倍，倍数预期1.65。
news flash· 2025-06-17 07:50
Summary of Key Points - Beijing issued a 2-year ordinary special local government bond with a scale of 28.5 billion yuan and an issuance rate of 1.47%, with a marginal multiple of 3.56 times, exceeding the expected multiple of 1.48 [1] - Beijing issued a 3-year ordinary special local government bond with a scale of 183.0128 billion yuan and an issuance rate of 1.48%, with a marginal multiple of 1.69 times, slightly below the expected multiple of 1.49 [1] - Beijing issued a 5-year ordinary special local government bond with a scale of 109.8913 billion yuan and an issuance rate of 1.59%, with a marginal multiple of 2.33 times, lower than the expected multiple of 1.61 [1] - Beijing issued a 7-year ordinary special local government bond with a scale of 5.98 billion yuan and an issuance rate of 1.64%, with a marginal multiple of 1.32 times, below the expected multiple of 1.65 [1]