Dalian issues 7-year special local government bonds at 1.44%

Cointime update: Dalian issued 7-year other special local government bonds totaling 314 million yuan at a coupon of 1.4400%, with a marginal bid-to-cover ratio of 1.40 times against an expected 1.44 times. The city also priced a 7-year general bond of 4.5 billion yuan at the same 1.4400% rate, a marginal ratio of 1.95 times, and 10-year general and ordinary special bonds at 1.6300%.