(Bloomberg) -- China plans to start selling the first batch of its 1 trillion yuan ($138 billion) of ultra-long special central government bonds on Friday...
-- China plans to start selling the first batch of its 1 trillion yuan of ultra-long special central government bonds on Friday, according to people familiar with the matter, as it seeks to raise funds to support the world’s second-biggest economy.The total issuance will include 300 billion yuan 20-year bonds, 600 billion yuan 30-year notes and 100 billion yuan in 50-year tenor, said the people, who asked not to be identified as the information is private.
China announced plans for the bond sale during the National People’s Congress in March as policymakers vowed to ramp up fiscal support for the economy. The move raised expectations that the central government is stepping up its fiscal spending amid mounting debt pressure on many local authorities. A spokesperson for the city of Wildwood said Trump spoke to 80,000 to 100,000 people, but video of the event made that hard to believe.South Dakota Gov. Kristi Noem is now banned from entering nearly 20% of her state after two more tribes banished her this week over comments she made earlier this year about tribal leaders benefitting from drug cartels.
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