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Chongqing Issues 10-Year General Bond at 1.74%

Chongqing has issued a 10-year general local government bond totaling 11.8724 billion yuan with a coupon rate of 1.7400%. The marginal multiple was 2.12 times, exceeding the expected 1.74 times. Additionally, the municipality issued 10-year and 20-year special bonds of 1.03 billion and 3.989 billion yuan respectively, with rates of 1.7400% and 2.2500%.

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