Does the thunder of urban investment bonds count as not sucking?

Urban investment bonds refer to bonds issued by local government financing platforms supported by local governments. According to China's "People's Republic of China (PRC) Central Government Bond Law", the main undertaker of such bonds is the local government financing platform, not the central government. Therefore, the default risk of urban investment bonds is mainly borne by local governments, not the central government.

Although the default risk of urban investment bonds mainly depends on the financial resources and solvency of local governments, the national policy does not recognize that the default of urban investment bonds belongs to the category of non-absorption. The issuance and repayment of urban investment bonds are still subject to certain supervision and management.

However, it should be noted that investment is risky and the bond market may default. Investors should carefully evaluate the credit risk of the issuer and the relevant government, as well as other market factors when purchasing city investment bonds or other bonds. Moreover, if there is any doubt about the investment bonds of specific cities, investors can consult professional institutions or financial advisers in order to make wise investment decisions.