|
The Department of Finance of Anhui Province has issued 13.502 billion yuan ($2.139 billion) worth of bonds recently, as the province seeks to expand investment and stabilize economic growth. The bonds will fund projects covering transport infrastructure, government-subsidized housing, agriculture, water conservancy and ecological conservation. Bonds for major livelihood projects such as national and provincial trunk roads, rural roads, high-speed railways, affordable housing and key environmental protection projects amounted to 11.4 billion yuan, accounting for more than 80 percent of the total. The bonds were issued at issuance terms of five years, seven years, ten years, fifteen years and 20 years. The province has completed the issuance of this year’s newly-added general bond quota allocated by the Ministry of Finance.
| 
Related News
