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China to issue 100 bln yuan of special government bonds for COVID-19 control

2020-6-16 11:32

 

BEIJING, June 15 (Xinhua) -- China will issue 100 billion yuan (about 14.1 billion U.S. dollars) of special government bonds for COVID-19 control measures in a bid to balance epidemic control with economic and social development, the Ministry of Finance (MOF) said Monday.

The MOF will issue two batches of fixed-rate special bonds, including 50 billion yuan of five-year bonds and 50 billion yuan of seven-year bonds, the MOF said in a statement.

Both will be listed and traded on June 23, 2020.

China will pursue a more proactive and impactful fiscal policy, setting its fiscal deficit above 3.6 percent of GDP and issuing 1 trillion yuan of government bonds for COVID-19 control this year to release more funds for companies and individuals.

 

新华社北京6月15日电财政部周一表示,中国将发行1000亿元人民币(约合141亿美元)的新冠肺炎专项政府债券,以实现疫情控制与经济社会发展的平衡。


财政部在一份声明中表示,将发行两批定息专项债券,包括500亿元的五年期债券和500亿元的七年期债券。


两家公司都将于2020年6月23日上市交易。


中国将实施更加积极有效的财政政策,财政赤字占国内生产总值的比例控制在3.6%以上,今年将发行1万亿元的新冠肺炎政府债券,为企业和个人提供更多资金。

 

来自: xinhua