---
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/280432353.md"
description: "Henan Province has recently issued various maturities of special local government bonds, including 30-year, 15-year, and 5-year terms, with a total issuance size exceeding 25 billion yuan and interest rates ranging from 1.6200% to 2.5300%. The marginal multiples of the bonds varied, with the 7-year shantytown renovation special local government bond reaching a marginal multiple of 50.00 times, indicating strong market demand for this type of debt"
datetime: "2026-03-25T07:50:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/280432353.md)
  - [en](https://longbridge.com/en/news/280432353.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/280432353.md)
---

# 

Henan issued 30-year ordinary special local government bonds, with a size of 19.73200 billion yuan, an issuance rate of 2.5200%, a marginal multiple of 1.15 times, and an expected multiple of 2.52; Henan issued 30-year other special local government bonds, with a size of 1.34800 billion yuan, an issuance rate of 2.5300%, a marginal multiple of 2.01 times, and an expected multiple of 2.52; Henan issued 15-year other special local government bonds, with a size of 0.54600 billion yuan, an issuance rate of 2.3100%, a marginal multiple of 1.50 times, and an expected multiple of 2.30; Henan issued 30-year other special local government bonds, with a size of 2.39300 billion yuan, an issuance rate of 2.5300%, a marginal multiple of 2.73 times, and an expected multiple of 2.52; Henan issued 5-year shantytown renovation special local government bonds, with a size of 0.93100 billion yuan, an issuance rate of 1.6200%, a marginal multiple of 1.76 times, and an expected multiple of 1.67; Henan issued 7-year shantytown renovation special local government bonds, with a size of 0.75300 billion yuan, an issuance rate of 1.7900%, a marginal multiple of 50.00 times, and an expected multiple of 1.79; Henan issued 10-year shantytown renovation special local government bonds, with a size of 0.30300 billion yuan, an issuance rate of 1.9900%, a marginal multiple of 10.00 times, and an expected multiple of 2.00.

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