the old republic power leveling showing the same characteristics NOS

Yesterday, the $ 2.2 billion in Shenzhen Government securities tenders, 3 year and 5-year bonds won the bid rate and 3.03%, respectively, still continuing after local debt pattern of low interest rates. Approval of the Finance Ministry late last month in Shanghai, Zhejiang Province, Shenzhen City, Guangdong Province, and local governments issue bonds in its own pilot, the total amounted to $ 22.9 billion. Prior to this the old republic power leveling, apart from ShenzhenLocal debt in the remaining three provinces have all been completed tendering, and are subject to market hot bouquets, bid falling interest rates stayed below their limit the national debt. Shenzhen Finance Committee yesterday's announcement shows that 3-and 5-year municipal bond, the annual interest rate determined by the bidding and 3.03%, respectively. So far, four local independent release of the first local government debtCoupons Diablo 3 Gold, showing the same characteristics: not only the successful bidder interest rates significantly lower than the interest rate over the same period, multiple subscription also goes far beyond the bonds. Prior to this, by the financial bid in a local debt interest rates higher than interest rates around 10 basis points. It is understood that the period of this year, the Ministry of Finance has issued eight Deputy local debt, where the bid in a 3-year debt interest rate 3.67% per cent,5 year bond bid rate 3.7% per cent. (Chen Zhong)