【申万固收】黄伟平 杨雪芳 正文 1. 本期地方债发行量下降，加权发行期限缩短 | 时间 | 新增一般债 | | 新增专项债 再融资一般债 再融资专项债 | | 新增债 | 再融资债 | 一般债 | 专项债 | 合计发行 | 合计净融资 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 2025/11/21 | 203.57 | 823.11 | 466.63 | 353.28 | 1026.68 | 819.91 | 670.20 | 1 176.39 | 1846.59 | 1263.43 | | 2025/11/28 | 87.50 | 2252.72 | 687.75 | 485.63 | 2340.21 | 1173.37 | 775.24 | 2738.34 | 3513.59 | 3262.12 | | 2025/12/5 | 113.92 | 390.49 | 413.05 | 169.72 | 504.41 | 582.77 | 526.97 | 560.20 | 1087.17 | 604.94 ...