From January to September of 2021，the issuance scale of local bonds in Anhui ranked top in the country，and the issuance structure is dominated by newly added special bonds. The long-term limit was relatively high，and the issuance cost decreased slightly. Among them，the issuance scale of the project income special bond funds has increased year by year，the field of raising and investment has changed from shantyfowns to infrastructure，the issuance of special bonds for infrastructure has become the focus，and new varieties appear frequently. By the end of September of 2021，the scale of local government bonds in Anhui ranks in the middle to upper of the country，and it will enter the peak of debt repayment in 2023. However，Anhui has strong financial strength，low debt level and controllable credit risk as a whole.