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Hunan issues 10-year general local bond of 14.016 billion yuan at 1.63%

Hunan province issued a 10-year general local government bond totaling 14.016 billion yuan, with an issuance yield of 1.6300%, a marginal bid-to-cover ratio of 1.85 times and an expected ratio of 1.63. The bond carries a 10-year tenor and is classified as a general obligation local bond.

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