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这是债券市场的资金成本和风险溢价共同作用2014年开年以来,持续高位的城投债发行利率,在1月21日终于达到一个顶点,突破了9%,创下历史新高。据中国债券信息网当日公告显示:“14锦开发债01”最终发行规模为2乙元,基本利差为4.10%,票面利率为9.10%。“13磁湖高新债02”最终发行规模7亿元,基本利差4.3%,票面利率高达9.30%。业内人士表示,城投债发行利率破9,在一定程度上反映了目前债券市场的资金成本和风险溢价都在上升。事实上,城投债利率在过去的一年曾出现先抑后扬的走势。申银万国自营
This is a combination of capital cost and risk premium in the bond market Since the opening year of 2014, the sustained high interest rate of the city investment bonds reached a peak on January 21, breaking 9% to a record high. According to the announcement of the China Bond Information Network on the same day, the final issuance scale of the “14 Jin Development Bond 01” was 2 Yuan, the basic spread was 4.10% and the coupon rate was 9.10%. “13 Lake magnetic high debt 02 ” the final issue size 700 million yuan, the basic spread of 4.3%, the coupon rate as high as 9.30%. According to insiders, the interest rate of the city bonds issued broke 9, to a certain extent, reflects the current capital cost and risk premium of the bond market are on the rise. In fact, the interest rate of the cities and towns in the past years has seen a downward trend. Shenyin million self-employed