The Ministry of Finance plans to issue the 2026 book-entry discounted (69th tranche) treasury bonds, with a total face value of 60 billion yuan for bidding.

On October 26, the Ministry of Finance issued a notice on matters related to the issuance of the 2026 book-entry discounted (69th tranche) treasury bonds. The Ministry of Finance plans to issue the 2026 book-entry discounted (69th tranche) treasury bonds. This tranche of treasury bonds is a 91-day discounted bond. The total face value for competitive bidding of this tranche is 60 billion yuan, with additional bidding by Class A members. The issuance price of this tranche will be determined through competitive bidding and issued at a discount below par value. Interest on this tranche begins accruing on October 28, 2026, and it will be repaid at par value on January 27, 2027 (postponed for holidays). The bidding time is from 10:35 to 11:35 a.m. on October 27, 2026. Distribution will take place from the end of bidding until October 28, 2026, and trading on the market will begin on October 30. The original text is as follows: Notice on Matters Related to the Issuance of the 2026 Book-Entry Discounted (69th Tranche) Treasury Bonds Cai Ban Zhai [2026] No. 228 To members of the book-entry treasury bond underwriting syndicate, China Central Depository & Clearing Co., Ltd., China Securities Depository and Clearing Corporation Limited, China Foreign Exchange Trade System, Shanghai Stock Exchange, and Shenzhen Stock Exchange: The Ministry of Finance plans to issue the 2026 book-entry discounted (69th tranche) treasury bonds. Matters related to this issuance are hereby notified as follows: I. Bond Elements (1) Type. This tranche of treasury bonds is a 91-day discounted bond. (2) Issuance amount. The total face value for competitive bidding of this tranche is 60 billion yuan, with additional bidding by Class A members. (3) Issuance price. The issuance price of this tranche will be determined through competitive bidding and issued at a discount below par value. (4) Principal and interest repayment date. Interest on this tranche begins accruing on October 28, 2026, and it will be repaid at par value on January 27, 2027 (postponed for holidays). II. Competitive Bidding Arrangements (1) Bidding time. From 10:35 to 11:35 a.m. on October 27, 2026. (2) Bidding method. A modified multiple-price bidding method will be adopted, with price as the bidding target. (3) Issuance system. Bidding issuance will be conducted through the Ministry of Finance government bond issuance system. (4) Bid level limits. The bid level variation range is 0.002 yuan, and the bid elimination, winning bid elimination, and bid level spread for each underwriting syndicate member are 60, 50, and 50 bid levels, respectively. III. Payment of Issuance Proceeds Winning underwriting syndicate members shall pay the issuance proceeds into the account designated by the Ministry of Finance by October 28, 2026 (including October 28). The payment date shall be based on the date the designated account of the Ministry of Finance receives the funds. Payee name: Ministry of Finance of the People's Republic of China Account bank: State Treasury General Treasury Account number: 270-26269-1 Remitting bank code: 011100099992 IV. Distribution and Listing Date Distribution of this tranche will take place from the end of bidding until October 28, 2026, and trading on the market will begin on October 30. V. Other Matters The formats of the emergency bid form and emergency bond custody application form for this issuance are set out in Appendices 1 and 2. In addition to the above provisions, the bidding work for this treasury bond issuance shall be carried out in accordance with the Rules for Bidding and Issuance of Book-Entry Treasury Bonds (Cai Ku [2022] No. 4). Appendices: 1. Emergency Bid Form for Book-Entry Treasury Bond Issuance 2. Emergency Application Form for Book-Entry Treasury Bond Custody General Office of the Ministry of Finance October 16, 2026 This article is excerpted from the official website of the "Ministry of Finance"; edited by GMTEight: Feng Qiuyi.