a total of ten members of the Syndicate Bank Shenzhen 2011 Government bonds eligible

Shenzhen municipal bonds today officially entered the tender stage, next Monday, was granted a part of the Bank will be issued to the market. Today (25th), Shenzhen municipal financial Department official in the Beijing bid phase two 2.2 billion of government bonds, were 3-and 5-year bonds. November 28 issue, annual payment of interest, pay interest annually on November 28 swtor power leveling, respectively, to 2014, November 28, and November 28, 2016 repayment of principal and interest paid last year. At present the old republic power leveling, a total of ten members of the Syndicate Bank Shenzhen 2011 Government bonds eligible, of which, the State Development Bank, ICBC, CCB underwriters of award. It is understood that the Shenzhen 2011 spontaneous debts amount to $ 2.2 billion, mainlyFor year 2010 and previous year government investments planned investment projects in the middle of local support as well as Government Commission loan projects, including sewage treatment plant sewage pipe network in supporting ecological construction projects as well as education, health, transportation and other key livelihood projects. This reporter learned that, from 2009 onwards, the Ministry of finance from the start agents local governments issue bonds and 2009 and 2010 Treasury agent respectively in Shenzhen City issued $ 2.4 billion and $ 2.2 billion local debt. Shenzhen Municipal Bureau of finance in an interview with this column responses stressed that the debt is one of the local debt management improve spontaneously, instead of local government debts surge.