The Ministry of Finance plans to issue the third round of 2026 book-entry interest-bearing national bonds with a total face value of 90 billion yuan through competitive bidding.

The Ministry of Finance plans to issue the third tranche of the 2026 Book-entry Interest-bearing Treasury Bonds. This issuance will be a 10-year fixed-rate interest-bearing bond. The total face value of this competitive bidding for the issuance is 90 billion yuan, with additional bidding by Class A members. The face interest rate of this issuance is the same as the previously issued bonds of the same period, at 1.75%. The start date and redemption arrangements of this issuance are the same as those of the previously issued bonds of the same period. Interest will start accruing from February 25, 2026, with semi-annual interest payments on February 25 and August 25 each year, and the principal will be repaid and the final interest payment made on February 25, 2036. The bidding period is from 10:35 to 11:35 am on April 22, 2026.