EXCLUSIVE: China May Add 6 Trillion Yuan in Treasury Bonds to Buttress Economy

China may raise an additional 6 trillion yuan in treasury bonds over three years as part of efforts to push the slowing economy through fiscal stimulus, multiple sources with knowledge of the matter told Caixin.

The funds will partly be used to help local governments address their off-book debts, according to sources.

Speculation is rife about the size of China's new fiscal stimulus from the finance ministry commitment A press briefing on Saturday to help local governments ease their debt burden did not specify the amount.