By the end of September of 2021，the scale of local government bond has reached 1282 billion and ranked 6th in China. In 2021，under the background of steady economic growth and great pressure on local fiscal expenditure，the issuance scale of local government bonds in Hunan continued to increase，and the proportion of long-term bonds increased. Compared with the same period in 2020，the project income special bond funds in Hunan local government decreased. Its investment was skewed towards infrastructure，but used as project capital was small. The debt scale of Hunan is big，debt ratio of Hunan were relatively high，and the debt repayment pressure was relatively large. In the future，Hunan needs to strictly implement related debt policies，and strengthen debt risks prevention and control.