Ministry of Finance issues Public Notice No. 153 for Treasury Bonds in 2025.

The second issuance of ultra-long-term special national bonds in 2025 has completed the bidding process. According to the regulations on national bond issuance, the relevant matters are announced as follows: 1. This issuance of national bonds plans to raise 35 billion yuan, with an actual issuance amount of 35 billion yuan. 2. The issuance price of the national bonds determined through bidding is 96.46 yuan, equivalent to an annual yield of 2.16%. The portion of the national bonds issued in this round will be distributed from the end of the bidding until September 18, and will be listed and traded together with the original issuance of 75 billion yuan starting from September 22. 3. The starting date, face interest rate, and other elements of the national bonds issued in this round are the same as the ultra-long-term special national bonds of 2025, with the starting date set as July 15, 2025, a face interest rate of 1.92%, interest paid semi-annually on January 15th and July 15th, and the principal to be repaid and final interest to be paid on July 15, 2045. Other matters will be implemented according to the regulations in the "National Bond Business Announcement."