Four to 50 billion to issue bonds on its own

On its own debt issuance is between the agent and local completely independent transition between forms. According to the ministry of finance released the 2013 local government bond issuance by the measures for the pilot, still said "out" by the central finance, only made further defined in terms of underwriting, bidding
This year on July 4, the ministry of 6" sch80 galvanized carbon steel pipe finance to expand the scope of debt issuance by pilot, two new jiangsu and shandong provinces to issuance of the pilot. Earlier, four pilot areas of Shanghai, zhejiang, guangdong and shenzhen respectively. Over the past two years, four pilot provinces and cities to the size of the debt is not large, in 2011 and 2012, the issuance of 22.9 billion yuan and 28.9 billion yuan respectively, the average to each province only billions of scale.

And shandong as provinces of debt on their own for the carbon steel seamless eccentric reducer first time, the scale will reach 11.2 billion yuan, accounted for almost one-third of the places to issuance last year.
According to shandong financial department notice, the number of local government debt is divided into five - and seven-year score keeping fixed rate FuXiZhai two varieties, each species total plans to issue value of 5.6 billion yuan. Will begin on August 23, morning tender, on August 26, ASTM A234 socket welding pipe fitting tee began issuing and plan breath, release end on August 28.
Also according to the announcement, the new pilot to debt issuance this year, jiangsu province has reached 15.3 billion yuan, is expected to 9 to 10 months.

In 2012, China's total issued 250 billion yuan of local government bonds, which the ministry of finance agency issued amount is 221.1 billion yuan, Shanghai etc. 4 to issuance of 28.9 billion yuan, this year, the Treasury issuing local government debt scale plan for 350 billion yuan, in 100 billion yuan, year on year growth of 40%.