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Two provinces in China have received....>

CHINA PRESS
CHINA PRESS: Two provinces in China have received new front-loaded quotas for
Special-Purpose Local Government Bonds with the issuances required to be
completed before the end of May, according to Yicai citing sources. The new
front-loaded quota totalling CNY1 trillion was announced last Monday, bringing
the aggregate number for front-loaded special-purpose bonds to CNY2.29 trillion.
Mao Jie, a professor with the University of International Business and
Economics, told Yicai that the entire issuance of special-purpose bonds may
exceed CNY3.8 trillion this year, an increase of 76% on 2019. 

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