The Ministry of Finance plans to issue 2025 book-entry interest-bearing government bonds.

This period's government bonds are 10-year fixed-rate interest-bearing bonds. The total face value of competitive bidding for this period's government bonds is 119 billion yuan, with additional bids from Class A members. The face interest rate of this period's government bonds is determined through competitive bidding. This period's government bonds start accruing interest from November 15, 2025, and pay interest every six months, with interest payment dates on May 15 and November 15 each year. The principal will be repaid on November 15, 2035, along with the final interest payment.