Govt watch
China Daily | Updated: 2009-06-25 07:51
Municipal bond issue
Three local governments in China sold a combined 12.2 billion yuan worth of three-year municipal bonds at 1.75 percent on Monday, the Ministry of Finance said.
The Guangdong government sold municipal bonds worth 8.5 billion yuan, Xiamen 800 million yuan, and Hainan 2.9 billion yuan, the ministry said in a statement.
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