1. Ministry of Finance: The central government recently allocated 500 billion yuan from local government debt reserves to local governments. 2. Ministry of Finance: In the first three quarters, local government special bonds, ultra-long-term special

2025-10-20

1. Ministry of Finance: The central government recently allocated 500 billion yuan from local government debt reserves to local governments. 2. Ministry of Finance: In the first three quarters, local government special bonds, ultra-long-term special treasury bonds, and special treasury bonds injected by central financial institutions totaled 4.21 trillion yuan. 3. Central Bank: Approximately 280 entities issued 670 billion yuan in science and technology innovation bonds in the interbank bond market, demonstrating three key characteristics. 4. Central Bank: Encourage and support more qualified overseas institutions to issue Panda bonds domestically. 5. Guangdong Province issued 7.5 billion yuan in offshore RMB local government bonds in Hong Kong. 6. Shi Yaobin, member of the Standing Committee of the National People's Congress: Local debt risks are steadily easing, and refined management of newly issued bonds is being strengthened. 7. Ministry of Finance decided to conduct treasury bond market-making support operations. 8. Xiamen launched a pilot program for green foreign debt business, with first-day business volume reaching US$11.54 million. 9. A group of overseas creditors issued a statutory demand for repayment to Road King and may take further legal action. 10. Danske Bank: S&P's downgrade of France's credit rating could increase pressure on French government bonds. 11. Federal Reserve Chairman Moussallem: May support another rate cut, but policy has not yet been set.