Recently, the venture capital industry has witnessed a wave of bond issuance. After VC/PE firms such as Orient Fortune and Yida Capital issued bonds one after another, LPS have also come to issue bonds to raise funds.

According to the information disclosure document of the sixth batch of government bonds in Beijing in 2025, the funds raised from the 2025 Beijing Municipal Government Special Bonds (Issue 35) will be used for the Beijing Municipal Government Investment Guidance Fund. It is not common to invest the special bond funds in the government investment guidance fund before. In the future, this innovative attempt is expected to provide a replicable fundraising model for government guidance funds in other regions.

Another innovative attempt: Special bonds are invested in government investment guidance funds

Recently, the China Bond Information Network disclosed that the Beijing Municipal Finance Bureau has made public the information disclosure documents of the sixth batch of government bonds in Beijing in 2025. Among them, it is planned to publicly issue and tender the Beijing Municipal Government Special Bonds (Issue 35) on June 26th, which will be invested in the Beijing Municipal Government Investment Guidance Fund.