As stated in paragraph 6 in General Terms of Auction for Treasury bonds, the Government Debt Management offered the equivalent of 10% of the nominal value sold in the auction 17. October, at the price of accepted bids. SeriesRIKS 50 0915ISINIS0000037794Additional issuance (nominal)0Total outstanding (nominal)38,945,022,012 ...

Core Points - The provincial finance department successfully issued the fifth batch of government bonds this year amounting to 12.594 billion yuan, with an average bidding multiple of 22.58 times and an average interest rate of 1.86% [1] - The issuance includes 6.411 billion yuan of new bonds and 6.183 billion yuan of refinancing bonds, primarily aimed at funding 172 public welfare projects, supplementing government fund finances, and repaying existing debts [1] - Cumulatively, the province has issued government bonds totaling 108.171 billion yuan from January to July this year [1] Financial Strategy - The provincial finance department is implementing a more proactive fiscal policy and continuously deepening the reform and management of local bond issuance [1] - This year, the department has issued 4.766 billion yuan of renewed bonds, increasing the original bond issuance from March to 12.987 billion yuan, optimizing the scale and repayment structure of bonds [1] - These measures have effectively alleviated the adverse impact of low interest rates on both primary and secondary markets, receiving widespread market acclaim [1] Future Plans - The provincial finance department plans to strengthen collaboration with financial institutions to promote the continuous market-making of renewed bonds on the exchange [1] - This initiative aims to enhance the overall trading volume of Shanxi bonds and facilitate a smooth cycle of bond issuance and trading [1] - The goal is to promote high-quality development in Shanxi through efficient coordination between fiscal and financial sectors [1]