Ministry of Finance: 1.3228 trillion yuan of new special bonds will be issued from January to March.

[Ministry of Finance: 1.3228 trillion yuan of new special bonds issued from January to March] at the press conference of the Ministry of Finance's fiscal revenue and expenditure in the first quarter, a relevant responsible person of the Ministry of Finance said that 1.3228 trillion yuan of new special bonds were issued from January to March 2023, mainly supporting municipal and industrial parks, infrastructure, transportation infrastructure, social undertakings, and indemnificatory housing, and other key areas identified by the State Council. The Ministry of Finance is continuing to strengthen the management of special bonds to guide local governments to make good use of local government bond funds.