China’s finance ministry auctioned 32.6 billion yuan ($5.31 billion) of three- and five- year bonds on behalf of six local governments at yields of 4.14 and 4.15 percent, respectively, traders said earlier today.
For a breakdown of which local governments issued which amount of debt.
In May, the ministry announced an increase in its annual quota to issue bonds on behalf of local governments to 400 billion yuan for 2014 from 350 billion yuan in 2013.
 of three- and five- year bonds on behalf of six local governments at yields of 4.14 and 4.15 percent, respectively, traders said earlier today.){kind=link}