Ministry of Finance's first reissue of 2026 accounting interest-bearing national bonds

The Ministry of Finance announced that it plans to issue the first reissue of 2026 book-entry interest-bearing national bonds. The reissued bonds will be fixed-rate interest bonds with a term of 5 years. The total face value of the competitive bidding for the reissued bonds is 120 billion yuan, and no additional bids will be accepted from Class A members. The face interest rate of the reissued bonds is the same as that of the bonds issued in the same period before, at 1.54%. The start date and redemption arrangements of the reissued bonds are the same as those of the bonds issued in the same period before. Interest will be calculated from January 25, 2026, and paid annually on January 25, with the principal to be redeemed and the final interest payment to be made on January 25, 2031.