Cointime update: Inner Mongolia issued a 20-year toll road special local government bond totaling 1.27 billion yuan at a coupon of 2.1200%, with a marginal bid-to-cover ratio of 5.22 times against an expected 2.11. The same session also saw a 15-year other special bond of 895 million yuan at 1.9300% and a 20-year other special bond of 1.835 billion yuan at 2.1200%, with marginal ratios of 3.66 and 4.13 times respectively.
Inner Mongolia Issues 20-Year Toll Road Special Bond at 2.12%
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