What does city investment bond mean?

Urban investment bond is a kind of corporate bond, which is issued for the purpose of urban infrastructure construction. The main body of urban investment bonds is local investment and financing platform, and urban investment bonds are backed by local governments, so their credit rating is high.

Urban investment bonds, also known as "quasi-municipal bonds", are local investment and financing platforms for public issuance of corporate bonds and medium-term notes, and their main businesses are mostly local infrastructure construction or public welfare projects. From underwriters to investors, people involved in the bond issuance process regard it as local government bond issuance. With the rise of "new debt", corporate debt has recently become the hottest investment in the bond market. At present, the yield level is at a historical low level, and the bond market as a whole has not gone out of consolidation. With the advantage of high interest rate, corporate bonds reproduce the hot issue scene of "one ticket is hard to find, one ticket is hard to find" in the heyday of corporate bonds. According to the statistics of wind information, the number of corporate bonds issued in February approached the "blowout level", and medium-term notes became the most active variety of new bonds issued in that month. According to the latest statistics of the Central Securities Depository and Clearing Co., Ltd., in 2009, 1- 1 1, the national * * * issued local corporate bonds totaling1971330,000 yuan, most of which were called ". This scale is equivalent to 200 billion yuan of local debt issued by the state in 2009. Some urban investment bonds are "over-packaged", which intensifies the risk.

Reply time: 2021-11-30. Please refer to the latest business changes announced by Ping An Bank in official website.