Henan Province has successfully issued government bonds totaling RMB 56.004 billion in Shenzhen.
This issuance includes RMB 7.846 billion in new general bonds, which will be directed toward infrastructure project construction.
Additionally, RMB 38.012 billion in new special bonds were issued, comprising RMB 9.28 billion allocated to supplement local government fund resources, RMB 8.438 billion designated for existing government investment projects, and RMB 20.294 billion earmarked for 391 construction projects across key sectors such as land reserve, affordable housing projects, municipal and industrial park infrastructure, and ecological environmental protection.
Furthermore, RMB 10.146 billion in refinancing special bonds were issued to replace existing hidden debts.