Core Points - Shanxi Province successfully issued its eighth batch of government bonds amounting to 20.451 billion yuan on September 18, with an average issuance interest rate of 2.3% and an average bid multiple of 24.83 times [1] - The total government bonds issued by Shanxi Province this year has reached 152.527 billion yuan, with 86.19 billion yuan being newly issued bonds, completing 96% of the new bond quota assigned by the Ministry of Finance [1] Summary by Category Bond Issuance Details - The bonds issued include ten-year, fifteen-year, twenty-year, and thirty-year terms [1] - The specific bonds issued include: - 25 Shanxi Bond 50: 0.824 billion yuan, 10 years, 2.09% [2] - 25 Shanxi Bond 51: 0.87286 billion yuan, 20 years, 2.38% [2] - 25 Shanxi Bond 52: 0.89498 billion yuan, 10 years, 2.03% [2] - 25 Shanxi Bond 53: 0.99155 billion yuan, 15 years, 2.31% [2] - 25 Shanxi Bond 54: 3.56976 billion yuan, 20 years, 2.37% [2] - 25 Shanxi Bond 55: 1.02128 billion yuan, 30 years, 2.37% [2] - 25 Shanxi Bond 56: 1.35887 billion yuan, 15 years, 2.31% [2] - 25 Shanxi Bond 57: 8.05718 billion yuan, 15 years, 2.30% [2] - 25 Shanxi Bond 58: 2.86029 billion yuan, 15 years, 2.31% [2] Utilization of Funds - Out of the newly issued bonds, 12.276 billion yuan is allocated to enhance government fund capacity and existing government investment projects [3] - 8.175 billion yuan is designated for the construction of 260 public welfare projects, aiming to achieve the goals set in the 14th Five-Year Plan [3] Future Plans - The Shanxi Provincial Finance Department aims to improve the quality and efficiency of local bond issuance while reinforcing budget constraints and ensuring compliance in fund usage [3] - The focus is on accelerating project expenditure to ensure that local government bonds are effectively utilized to support stable economic growth in Shanxi Province [3]